Bausch & Lomb (NYSE: BLCO) Surgical president earns 16,778-share PSU-based award
Rhea-AI Filing Summary
Bausch & Lomb executive Luc Bonnefoy, President, Surgical, reported acquiring 16,778 common shares linked to performance stock units under the 2022 Omnibus Incentive Plan. The PSUs achieved their 100% target performance level as of August 5, 2026 and will vest on February 28, 2027, subject to continued employment. Following this award, Bonnefoy holds 103,801 common shares directly.
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Insider Trade Summary
Net Buyer: 16,778 shares
Net Buy
1 txn
Insider
Bonnefoy Luc
Role
President, Surgical
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares, No Par Value F1 | 16,778 | $0.00 | $0.00 |
Holdings After Transaction:
Common Shares, No Par Value — 103,801 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 acquired: 16,778 shares
Price per share: $0.0000
Holdings after transaction: 103,801 shares
+3 more
6 metrics
Shares acquired
16,778 shares
Common shares underlying PSUs earned as of August 5, 2026
Price per share
$0.0000
Stated transaction price for the 16,778 common shares
Holdings after transaction
103,801 shares
Total common shares directly held by Luc Bonnefoy after the award
Performance level
100%
PSUs satisfied applicable performance conditions at target level
Original PSU grant date
February 28, 2024
Date PSUs were originally granted under 2022 Omnibus Incentive Plan
Vesting date
February 28, 2027
Scheduled vesting date for the earned PSUs, subject to employment
Key Terms
performance stock units, 2022 Omnibus Incentive Plan, vesting
3 terms
performance stock units financial
"Represents common shares underlying an award of performance stock units ("PSUs")"
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.
2022 Omnibus Incentive Plan financial
"under the Bausch + Lomb Corporation 2022 Omnibus Incentive Plan, as amended"
vesting financial
"The earned PSUs will vest on February 28, 2027, subject generally to employment"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Bausch & Lomb (BLCO) report for Luc Bonnefoy?
Luc Bonnefoy, President, Surgical of Bausch & Lomb, reported an acquisition of 16,778 common shares tied to performance stock units. These shares relate to a PSU award that achieved its target performance level and are part of his equity-based compensation.
What is the nature of the performance stock units reported for BLCO executive Luc Bonnefoy?
The reported shares represent performance stock units (PSUs) originally granted on February 28, 2024 under the 2022 Omnibus Incentive Plan. These PSUs satisfied the applicable performance conditions at the target 100% level as of August 5, 2026.
When will Luc Bonnefoy’s earned PSUs in Bausch & Lomb (BLCO) vest?
The earned PSUs are scheduled to vest on February 28, 2027, assuming Luc Bonnefoy remains employed through that date. Until vesting, they reflect an earned equity award subject generally to the continued employment condition specified in the grant terms.
What are Luc Bonnefoy’s total Bausch & Lomb (BLCO) holdings after this transaction?
After this award, Luc Bonnefoy directly holds 103,801 common shares of Bausch & Lomb. This figure includes the 16,778 shares associated with the PSUs that achieved target performance, as reported in the Form 4 filing data.
Was Luc Bonnefoy’s Bausch & Lomb (BLCO) equity award made under a specific plan?
Yes. The PSUs are tied to the Bausch + Lomb Corporation 2022 Omnibus Incentive Plan, as amended and restated. The award’s performance conditions were met at 100%, and vesting remains subject to his continued employment through February 28, 2027.