Executive at Bausch & Lomb (BLCO) awarded 52,570 RSUs in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bausch & Lomb Corp reported that EVP & Chief Legal Officer A. Robert D. Bailey acquired an equity award of 52,570 restricted share units (RSUs) on common shares at a stated price of $0.00 per share. These RSUs were granted under the Bausch + Lomb Corporation 2022 Omnibus Incentive Plan.
The RSUs are scheduled to vest one-third on each of the first three anniversaries of the grant date, generally requiring Mr. Bailey’s continued service. After this award, his direct holdings in common shares total 223,146 shares, highlighting ongoing stock-based compensation tied to long-term service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bailey A Robert D
Role
EVP & Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares, No Par Value | 52,570 | $0.00 | -- |
Holdings After Transaction:
Common Shares, No Par Value — 223,146 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Bausch & Lomb (BLCO) report for A. Robert D. Bailey?
Bausch & Lomb reported that EVP & Chief Legal Officer A. Robert D. Bailey received a grant of 52,570 restricted share units (RSUs). These RSUs relate to common shares and represent stock-based compensation rather than an open-market share purchase or sale.
How do the new RSUs granted to the Bausch & Lomb (BLCO) executive vest?
The 52,570 RSUs granted to the Bausch & Lomb executive vest in three equal installments. One-third vests on each of the first three anniversaries of the grant date, generally requiring continued service under the company’s 2022 Omnibus Incentive Plan.
What will the Bausch & Lomb (BLCO) executive receive when the RSUs vest?
When the RSUs vest, they are settled in common shares of Bausch & Lomb Corporation. Each vested RSU converts into one common share, aligning the executive’s compensation with shareholder interests through additional equity ownership over time.
What incentive plan governs the RSU grant reported by Bausch & Lomb (BLCO)?
The RSU grant is issued under the Bausch + Lomb Corporation 2022 Omnibus Incentive Plan, as amended and restated. This plan provides for equity-based awards such as RSUs, tying executive compensation to long-term company performance and service.