Bausch & Lomb (BLCO) executive reports 11,970-share RSU tax withholding on Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bausch & Lomb Corp executive Luc Bonnefoy, President of Surgical, reported a routine tax-related share disposition. On the vesting of restricted share units, 11,970 common shares were withheld by the company to satisfy tax withholding obligations, rather than sold on the open market. Following this withholding, Bonnefoy directly holds 88,031 common shares, showing he retains a substantial equity position after the RSU vesting event.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bonnefoy Luc
Role
President, Surgical
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares, No Par Value | 11,970 | $16.00 | $192K |
Holdings After Transaction:
Common Shares, No Par Value — 88,031 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 11,970 shares
Withholding reference price: $16.00 per share
Shares owned after transaction: 88,031 shares
3 metrics
Shares withheld for taxes
11,970 shares
Tax withholding upon RSU vesting on 2026-05-05
Withholding reference price
$16.00 per share
Value used for tax-withholding disposition
Shares owned after transaction
88,031 shares
Direct common share holdings following tax withholding
Key Terms
restricted share units, tax withholding obligations, tax-withholding disposition, Common Shares, No Par Value
4 terms
tax withholding obligations financial
"withheld to satisfy the tax withholding obligations due"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What did Bausch & Lomb (BLCO) executive Luc Bonnefoy report on this Form 4?
Luc Bonnefoy reported a tax-related share disposition. 11,970 common shares were withheld to cover tax obligations from vested restricted share units, and no open-market sale occurred. He continues to directly own 88,031 common shares after this event.
What does the F code mean in Luc Bonnefoy’s Bausch & Lomb (BLCO) Form 4?
The F transaction code indicates a tax-withholding disposition. In this case, 11,970 common shares were delivered to the issuer to satisfy tax liabilities on vested restricted share units, not as a voluntary sale into the market.