Bausch & Lomb CFO buys 4,000 common shares
Bausch & Lomb Corp Executive Vice President and CFO Sam Eldessouky reported new insider activity in common shares.
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Rhea-AI Filing Summary
Bausch & Lomb Corp Executive Vice President and CFO Sam Eldessouky reported new insider activity in common shares. He made an open-market purchase of 4,000 common shares at $17.13 per share, increasing his direct ownership.
In connection with this purchase, he was also granted 4,000 matching restricted share units (MRSUs) under the company’s matching share program. One-third of these MRSUs will vest on each of the first, second, and third anniversaries of the grant date, subject to his continued service. Following these transactions, he directly holds 407,130 common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares, No Par Value | 4,000 | $17.13 | $69K |
| Grant/Award | Common Shares, No Par Value | 4,000 | $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).
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