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Bausch & Lomb (NYSE: BLCO) Surgical president earns 16,778-share PSU-based award

(Neutral)
(Neutral)
Form Type
4

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 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)
  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.
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
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.

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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.

How many Bausch & Lomb (BLCO) shares did Luc Bonnefoy acquire in this Form 4?

Luc Bonnefoy acquired 16,778 common shares at a stated price of $0.00 per share. The acquisition reflects PSUs earned at the 100% target performance level under Bausch & Lomb’s 2022 Omnibus Incentive Plan, subject to future vesting conditions.

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.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Bonnefoy Luc

(Last)(First)(Middle)
C/O BAUSCH + LOMB CORPORATION
520 APPLEWOOD CRESCENT

(Street)
VAUGHANL4K 4B4

(City)(State)(Zip)

ONTARIO, CANADA

(Country)
2. Issuer Name and Ticker or Trading Symbol
Bausch & Lomb Corp [ BLCO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
President, Surgical
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Shares, No Par Value08/05/2026A16,778(1)A$0103,801D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
/s/ Debra E. Levin, attorney-in-fact08/07/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)