BLCO (BLCO) CFO has 63,938 shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bausch & Lomb Corp EVP and CFO Sam Eldessouky reported a tax-related share disposition. On May 5, 2026, 63,938 common shares were withheld at $16.00 per share to satisfy tax withholding obligations upon vesting of restricted share units. This was not an open-market sale. After this withholding, Eldessouky directly holds 343,192 common shares of Bausch & Lomb Corp.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Eldessouky Sam
Role
EVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares, No Par Value | 63,938 | $16.00 | $1.02M |
Holdings After Transaction:
Common Shares, No Par Value — 343,192 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for tax: 63,938 shares
Withholding price: $16.00 per share
Shares held after transaction: 343,192 shares
3 metrics
Shares withheld for tax
63,938 shares
Withheld to satisfy tax obligations on RSU vesting on May 5, 2026
Withholding price
$16.00 per share
Price used for 63,938 withheld shares
Shares held after transaction
343,192 shares
Direct BLCO common share holdings after tax-withholding disposition
Key Terms
restricted share units, tax withholding obligations, Form 4, Common Shares, No Par Value
4 terms
tax withholding obligations financial
"withheld to satisfy the tax withholding obligations due upon vesting"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did BLCO EVP and CFO Sam Eldessouky report?
Sam Eldessouky reported a tax-related share disposition involving 63,938 Bausch & Lomb common shares. The shares were withheld by the company to cover tax obligations when restricted share units vested, rather than being sold in the open market.
What does the tax-withholding code F mean in the BLCO Form 4 filing?
Code F indicates shares were disposed of to pay exercise price or tax liabilities. In this BLCO filing, 63,938 shares were withheld to satisfy tax withholding obligations triggered by the vesting of restricted share units awarded to EVP and CFO Sam Eldessouky.