Bausch & Lomb (NYSE: BLCO) EVP earns 29,406 performance-based shares

Rhea-AI Filing Summary

Bausch & Lomb Corp EVP of R&D and CMO Yehia Hashad reported an equity award acquisition. He earned 29,406 common shares underlying performance stock units originally granted on March 1, 2023 after the award satisfied its performance conditions as of February 18, 2026.

The earned PSUs will convert into common shares and vest on March 1, 2026, generally contingent on his continued employment through that date. Following this award, Hashad’s direct holdings total 163,860 common shares, aligning his compensation more closely with the company’s long-term performance.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hashad Yehia

(Last) (First) (Middle)

C/O BAUSCH + LOMB CORPORATION

520 APPLEWOOD CRESCENT

(Street)

VAUGHAN A6 L4K4B4

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Bausch & Lomb Corp [ BLCO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP of R&D and CMO

3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares, No Par Value	02/18/2026		A		29,406(1)	A	$0	163,860	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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 March 1, 2023 under the Bausch + Lomb Corporation 2022 Omnibus Incentive Plan, as amended and restated, that satisfied the applicable performance conditions as of February 18, 2026. The earned PSUs will vest on March 1, 2026, subject generally to the reporting person's continued employment through such date.

	/s/ Debra E. Levin, attorney-in-fact	02/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Bausch & Lomb (BLCO) EVP Yehia Hashad report in this Form 4?

Yehia Hashad reported acquiring 29,406 common shares tied to performance stock units that met performance goals on February 18, 2026. These PSUs were originally granted on March 1, 2023 under the 2022 Omnibus Incentive Plan.

How many Bausch & Lomb (BLCO) shares does Yehia Hashad own after this transaction?

After the reported equity award, Yehia Hashad directly holds 163,860 Bausch & Lomb common shares. This total includes the 29,406 shares earned from performance stock units that satisfied their performance conditions as of February 18, 2026.

What type of award did Bausch & Lomb (BLCO) grant to Yehia Hashad?

The award is a grant of performance stock units, or PSUs, that convert into common shares once performance goals are met. Hashad’s PSUs were granted on March 1, 2023 and earned 29,406 underlying common shares upon achieving those conditions.

When will Yehia Hashad’s earned Bausch & Lomb (BLCO) PSUs vest?

The earned performance stock units are scheduled to vest on March 1, 2026. Vesting is generally subject to Yehia Hashad’s continued employment with Bausch & Lomb through that date, aligning his incentives with longer-term company performance.

Was there a purchase price for the Bausch & Lomb (BLCO) shares reported by Yehia Hashad?

No cash purchase price was paid for these shares; the reported price per share is $0.00. The 29,406 shares were earned through performance stock units that satisfied their performance conditions instead of being bought on the open market.

Under which plan were Yehia Hashad’s Bausch & Lomb (BLCO) PSUs granted?

The performance stock units were granted under the Bausch & Lomb Corporation 2022 Omnibus Incentive Plan, as amended and restated. This plan provides equity-based compensation, rewarding executives like Yehia Hashad when specified performance targets are achieved.