Bausch & Lomb (BLCO) CEO uses 65,444 shares to cover tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bausch & Lomb Corp CEO and Chairman Brent L. Saunders reported a tax-related share disposition. On February 23, 2026, 65,444 common shares at $17.99 per share were withheld to cover tax obligations upon vesting of restricted share units. After this withholding, Saunders beneficially owned 671,481 common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SAUNDERS BRENT L
Role
CEO and Chairman of the Board
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares, No Par Value | 65,444 | $17.99 | $1.18M |
Holdings After Transaction:
Common Shares, No Par Value — 671,481 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Bausch & Lomb (BLCO) CEO Brent Saunders report?
Brent L. Saunders reported a tax-withholding disposition of 65,444 Bausch & Lomb common shares. The shares were withheld to satisfy tax obligations triggered when his restricted share units vested, rather than being sold in an open-market transaction.
Was the Bausch & Lomb (BLCO) CEO’s Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. It was a tax-withholding disposition, where 65,444 shares were withheld at $17.99 per share to cover taxes due when restricted share units vested.
What does transaction code F mean in the Bausch & Lomb (BLCO) CEO’s Form 4?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, 65,444 Bausch & Lomb common shares were withheld to satisfy tax withholding obligations when Brent Saunders’ restricted share units vested.