Bausch & Lomb (NYSE: BLCO) CFO buys 4,000 shares, gets 4,000 RSUs
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 8,000 shares
Net Buy
2 txns
Insider
Eldessouky Sam
Role
EVP and CFO
Bought
4,000 shs ($69K)
| 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 |
Holdings After Transaction:
Common Shares, No Par Value — 407,130 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 purchase did BLCO CFO Sam Eldessouky report?
Bausch & Lomb EVP and CFO Sam Eldessouky reported buying 4,000 common shares at $17.13 each in an open-market trade. This transaction increased his direct ownership stake in BLCO common shares as disclosed in the Form 4 filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.