Bausch & Lomb (NYSE: BLCO) grants 15,842 RSUs to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bausch & Lomb Corporation director Ross Thomas W. Sr. reported an acquisition of 15,842 common shares tied to a new equity award. The filing shows this as a grant of restricted share units (RSUs) under the Bausch + Lomb Corporation 2022 Omnibus Incentive Plan, as amended and restated.
The RSUs are scheduled to vest on the date immediately preceding the conclusion of the next annual meeting of shareholders and will be settled in common shares. After this grant, Ross directly holds 85,233 common shares, indicating this is a routine annual equity award for a non-employee director rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ross Thomas W. Sr.
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 — 85,233 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 15,842 shares
Grant reference price: $15.78 per share
Shares owned after grant: 85,233 shares
3 metrics
RSUs granted
15,842 shares
Annual grant to non-employee director
Grant reference price
$15.78 per share
Reported price for RSU grant
Shares owned after grant
85,233 shares
Direct holdings following 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 insider transaction did Bausch & Lomb (BLCO) disclose for director Ross Thomas W. Sr.?
Bausch & Lomb disclosed that director Ross Thomas W. Sr. received 15,842 restricted share units as an annual equity award. These RSUs convert into common shares upon vesting, increasing his direct holdings to 85,233 shares following the transaction.
Is the BLCO Form 4 for Ross Thomas W. Sr. a stock purchase or a compensation grant?
The BLCO Form 4 reflects a compensation grant, not an open-market stock purchase. It records an annual award of 15,842 restricted share units to a non-employee director under the company’s 2022 Omnibus Incentive Plan, to be settled in common shares after vesting.
What plan governs the RSU grant reported in Bausch & Lomb’s Form 4 for Ross Thomas W. Sr.?
The RSU grant is made under the Bausch + Lomb Corporation 2022 Omnibus Incentive Plan, as amended and restated. This plan authorizes equity-based compensation, including restricted share units for non-employee directors, which are settled in common shares after they vest.