Bausch & Lomb (NYSE: BLCO) CFO granted 50,335 performance-linked shares
Rhea-AI Filing Summary
Bausch & Lomb EVP and CFO Sam Eldessouky reported an award of 50,335 common shares at $0.00 per share, representing shares underlying performance stock units granted on February 28, 2024. After this acquisition he directly holds 393,527 common shares. The earned PSUs will vest on February 28, 2027, subject to his continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 50,335 shares
Net Buy
1 txn
Insider
Eldessouky Sam
Role
EVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares, No Par Value F1 | 50,335 | $0.00 | $0.00 |
Holdings After Transaction:
Common Shares, No Par Value — 393,527 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
Shares awarded: 50,335 common shares
Price per share: $0.00
Shares held after transaction: 393,527 common shares
+4 more
7 metrics
Shares awarded
50,335 common shares
Grant or award acquisition reported on August 5, 2026
Price per share
$0.00
Award of common shares tied to performance stock units
Shares held after transaction
393,527 common shares
Direct holdings of CFO Sam Eldessouky after the award
Original PSU grant date
February 28, 2024
Date the underlying performance stock units were originally granted
Performance measurement date
August 5, 2026
Date performance conditions were satisfied at target level
Vesting date
February 28, 2027
Scheduled vesting date for the earned PSUs, subject to employment
Performance level
100%
Target performance level at which PSU conditions were satisfied
Key Terms
performance stock units, target performance level, Omnibus Incentive Plan
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.
target performance level financial
"satisfied the applicable performance conditions at the target performance level (100%)"
Omnibus Incentive Plan financial
"under the Bausch + Lomb Corporation 2022 Omnibus Incentive Plan, as amended and restated"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did BLCO CFO Sam Eldessouky report?
Bausch & Lomb CFO Sam Eldessouky reported an award of 50,335 common shares at $0.00 per share. These shares relate to earned performance stock units and increase his direct holdings to 393,527 common shares, subject to future vesting conditions.
When do the earned PSUs for BLCO CFO Sam Eldessouky vest?
The earned performance stock units for CFO Sam Eldessouky are scheduled to vest on February 28, 2027. Vesting is generally subject to his continued employment with Bausch & Lomb through that date, according to the award’s terms.
What performance level was achieved for BLCO CFO’s PSU award?
The performance stock units underlying the 50,335-share award satisfied their performance conditions at the target performance level (100%) as of August 5, 2026. This target achievement determined the number of PSUs earned for vesting.