Bausch & Lomb Corp (BLCO) awards 16,778 performance-based shares to executive
Rhea-AI Filing Summary
Stewart Andrew J. reported acquisition or exercise transactions in this Form 4 filing.
Bausch & Lomb Corp reported that President, GPIC Andrew J. Stewart received an equity award tied to performance. On August 5, 2026, 16,778 common shares underlying previously granted performance stock units were earned at the 100% target level. These PSUs will vest on February 28, 2027, generally conditioned on continued employment, bringing his direct holdings to 103,211 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 16,778 shares
Net Buy
1 txn
Insider
Stewart Andrew J.
Role
President, GPIC
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares, No Par Value F1 | 16,778 | $0.00 | $0.00 |
Holdings After Transaction:
Common Shares, No Par Value — 103,211 shares (Direct)
Footnotes (1)
- F1. Represents common shares, no par value, of Bausch + Lomb Corporation underlying an award of performance stock units ("PSUs") originally granted to the reporting person on February 28, 2024 under the Bausch + Lomb Corporation 2022 Omnibus Incentive Plan, as amended and restated, that satisfied the applicable performance conditions at the target performance level (100%) as of August 5, 2026. The earned PSUs will vest on February 28, 2027, subject generally to the reporting person's continued employment through such date.
Key Figures
Performance stock units earned: 16,778 shares
Shares held after award: 103,211 shares
Performance level achieved: 100%
3 metrics
Performance stock units earned
16,778 shares
Common shares underlying PSUs earned on August 5, 2026
Shares held after award
103,211 shares
Direct common share holdings of Andrew J. Stewart after the transaction
Performance level achieved
100%
PSUs satisfied applicable performance conditions at the target level
Key Terms
performance stock units, Omnibus Incentive Plan, vest
3 terms
performance stock units financial
"underlying an award of performance stock units ("PSUs") originally granted"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
Omnibus Incentive Plan financial
"under the Bausch + Lomb Corporation 2022 Omnibus Incentive Plan"
An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.
vest financial
"The earned PSUs will vest on February 28, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Bausch & Lomb Corp (BLCO) report for Andrew J. Stewart?
Andrew J. Stewart was credited with 16,778 common shares on August 5, 2026, from performance stock units earned at the 100% target level. The earned PSUs are scheduled to vest on February 28, 2027, subject to his continued employment with Bausch & Lomb.
What are the terms of the performance stock units reported by BLCO for Andrew J. Stewart?
The award consists of performance stock units representing 16,778 common shares, granted under the 2022 Omnibus Incentive Plan. They satisfied performance conditions at the 100% target level as of August 5, 2026, and will vest on February 28, 2027, subject to continued employment.
When will Andrew J. Stewart’s earned PSUs from Bausch & Lomb Corp (BLCO) vest?
The performance stock units earned by Andrew J. Stewart are scheduled to fully vest on February 28, 2027. Vesting is generally conditioned on his continued employment with Bausch & Lomb through that date, according to the company’s 2022 Omnibus Incentive Plan terms.
Were Andrew J. Stewart’s BLCO performance stock units granted recently or earlier?
The performance stock units were originally granted to Andrew J. Stewart on February 28, 2024 under Bausch & Lomb’s 2022 Omnibus Incentive Plan. They later met the performance conditions at the 100% target level as of August 5, 2026, resulting in 16,778 earned underlying shares.