Director at Bausch & Lomb (NYSE: BLCO) gets 15,842-share RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KAVANAGH SARAH B reported acquisition or exercise transactions in this Form 4 filing.
Bausch & Lomb Corp director Sarah B. Kavanagh received an equity grant of 15,842 common shares-equivalent on an award date price of $15.78 per share. The grant reflects annual restricted share units for non-employee directors under the company’s 2022 Omnibus Incentive Plan.
The RSUs are scheduled to vest immediately before the conclusion of the next annual meeting of shareholders and will be settled in common shares. Following this award, Kavanagh directly holds 69,541 common shares, highlighting this as compensation-related rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
KAVANAGH SARAH B
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares, No Par Value | 15,842 | $15.78 | $250K |
Holdings After Transaction:
Common Shares, No Par Value — 69,541 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 15,842 shares
Award date price: $15.78 per share
Shares held after grant: 69,541 shares
3 metrics
RSU grant size
15,842 shares
Annual equity award to non-employee director
Award date price
$15.78 per share
Reporting price for RSU grant
Shares held after grant
69,541 shares
Director’s direct common share holdings after transaction
Key Terms
restricted share units ("RSUs"), 2022 Omnibus Incentive Plan, annual meeting of shareholders
3 terms
2022 Omnibus Incentive Plan financial
"under the Bausch + Lomb Corporation 2022 Omnibus Incentive Plan, as amended and restated"
FAQ
What did Bausch & Lomb (BLCO) director Sarah Kavanagh receive in this Form 4?
Sarah B. Kavanagh received an award of 15,842 common shares-equivalent as restricted share units. The grant reflects her annual equity compensation as a non-employee director under Bausch & Lomb’s 2022 Omnibus Incentive Plan.
Is the Bausch & Lomb (BLCO) Form 4 a market purchase or a compensation grant?
The Form 4 shows a compensation-related grant, not a market purchase. It records an annual restricted share unit award to a non-employee director, settled into common shares rather than bought on the open market.
When do the RSUs in this Bausch & Lomb (BLCO) grant vest?
The restricted share units are scheduled to vest on the date immediately before the conclusion of the next annual meeting of shareholders. Once vested, the RSUs will be settled in Bausch & Lomb common shares with no par value.