Director boosts Bausch & Lomb (BLCO) stake with share buy and matching RSUs
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 8,800 shares
Net Buy
2 txns
Insider
ROBERTSON RUSSEL C
Role
Director
Bought
4,400 shs ($79K)
| 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 |
Holdings After Transaction:
Common Shares, No Par Value — 76,807 shares (Direct)
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
What insider transactions did Bausch & Lomb (BLCO) director Russel C. Robertson report?
Director Russel C. Robertson reported buying 4,400 Bausch & Lomb common shares in the open market and receiving 4,400 matching restricted share units. Both transactions involved common shares with no par value and occurred on the same transaction date.
What do the transaction codes P and A mean in the Bausch & Lomb (BLCO) Form 4?
Code P indicates a purchase of common shares in an open-market or private transaction. Code A indicates a grant, award, or other acquisition, which here refers to the director’s receipt of matching restricted share units tied to his share purchase.
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