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327,102-share RSU award to Bausch & Lomb (BLCO) CEO Brent Saunders

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SAUNDERS BRENT L reported acquisition or exercise transactions in this Form 4 filing.

Bausch & Lomb Corp CEO and chairman Brent L. Saunders received an equity grant of 327,102 restricted share units under the company’s 2022 Omnibus Incentive Plan. These RSUs vest in three equal annual installments and settle in common shares upon vesting. After this award, he holds 998,583 common shares directly.

Positive

  • None.

Negative

  • None.
Insider SAUNDERS BRENT L
Role CEO and Chairman of the Board
Type Security Shares Price Value
Grant/Award Common Shares, No Par Value 327,102 $0.00 --
Holdings After Transaction: Common Shares, No Par Value — 998,583 shares (Direct)
Footnotes (1)
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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
SAUNDERS BRENT L

(Last) (First) (Middle)
C/O BAUSCH + LOMB CORPORATION
520 APPLEWOOD CRESCENT

(Street)
VAUGHAN A6 L4K 4B4

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Bausch & Lomb Corp [ BLCO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CEO and Chairman of the Board
3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Shares, No Par Value 02/25/2026 A 327,102(1) A $0 998,583 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Reflects the grant of restricted share units ("RSUs") under the Bausch + Lomb Corporation 2022 Omnibus Incentive Plan (as amended and restated, the "Plan") which are scheduled to vest one-third on each of the first three anniversaries of the date of grant, subject generally to the reporting person's continued service and the terms of the Plan and the applicable award agreement thereunder. Vested RSUs are settled in common shares, no par value, of Bausch + Lomb Corporation.
/s/ Debra E. Levin, attorney-in-fact 02/27/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What equity award did Bausch & Lomb (BLCO) CEO Brent Saunders receive?

Brent Saunders received a grant of 327,102 restricted share units. The award was issued under Bausch & Lomb’s 2022 Omnibus Incentive Plan and represents additional equity-based compensation tied to his ongoing leadership and future service with the company.

How do Brent Saunders’ new RSUs at Bausch & Lomb (BLCO) vest?

The 327,102 restricted share units vest one-third on each of the first three anniversaries of the grant date. Vesting is generally conditioned on Brent Saunders’ continued service and the terms of the incentive plan and applicable award agreement.

What happens to Bausch & Lomb (BLCO) RSUs when they vest for Brent Saunders?

When the restricted share units vest, they are settled in Bausch & Lomb common shares. This means Brent Saunders will receive actual common shares upon each vesting date, increasing his direct share ownership if he continues to satisfy service conditions.

How many Bausch & Lomb (BLCO) shares does Brent Saunders own after this award?

Following the grant, Brent Saunders directly holds 998,583 Bausch & Lomb common shares. This figure reflects his ownership after the addition of the 327,102 restricted share units reported in the transaction, as disclosed in the ownership totals.

Under which plan were the new Bausch & Lomb (BLCO) RSUs granted to the CEO?

The restricted share units were granted under the Bausch + Lomb Corporation 2022 Omnibus Incentive Plan, as amended and restated. This plan governs the terms, vesting conditions, and settlement mechanics for equity awards granted to eligible participants.

Are Brent Saunders’ new Bausch & Lomb (BLCO) RSUs subject to continued service?

Yes, the RSUs generally require Brent Saunders’ continued service to Bausch & Lomb to vest. One-third of the units vest on each of the first three anniversaries of the grant date, subject to the plan and related award agreement conditions.