Bausch & Lomb director buys 4,400 shares, gets RSUs
Bausch & Lomb director Russel C. Robertson increased his stake in the company through both a purchase and an equity award.
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Rhea-AI Filing Summary
Bausch & Lomb director Russel C. Robertson increased his stake in the company through both a purchase and an equity award. He bought 4,400 common shares in an open-market transaction at $17.90 per share. On the same date, he also acquired 4,400 matching restricted share units at no cost under the company’s matching share program.
Following these transactions, his direct holdings rose to 76,807 common shares. The matching restricted share units will vest in three equal installments on the first, second, and third anniversaries of the grant date, as long as he continues to serve, except in limited circumstances.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares, No Par Value | 4,400 | $17.90 | $79K |
| Grant/Award | Common Shares, No Par Value | 4,400 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents matching restricted share units ("MRSUs") granted to the reporting person in connection with the open market purchase of common shares reported on Table I above, pursuant to the issuer's matching share program. One-third of the MRSUs will vest on each of the first, second, and third anniversaries following the date of grant, subject to the reporting person's continued service (except in limited circumstances).
FAQ
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