Bausch & Lomb (BLCO) director receives 11,776 RSU equity grant as compensation
Rhea-AI Filing Summary
Chersi Robert J reported acquisition or exercise transactions in this Form 4 filing.
Bausch & Lomb Corp director Robert J. Chersi received an equity compensation award of 11,776 restricted share units (RSUs) of common shares under the Bausch + Lomb Corporation 2022 Omnibus Incentive Plan. The RSUs will vest immediately before the conclusion of the next annual meeting of shareholders and are then settled in common shares. After this grant, Chersi directly holds 11,776 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 11,776 shares
Net Buy
1 txn
Insider
Chersi Robert J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares, No Par Value F1 | 11,776 | $0.00 | $0.00 |
Holdings After Transaction:
Common Shares, No Par Value — 11,776 shares (Direct)
Footnotes (1)
- F1. Reflects the annual grant of restricted share units ("RSUs") to non-employee directors under the Bausch + Lomb Corporation 2022 Omnibus Incentive Plan, as amended and restated. Vested RSUs are settled in common shares, no par value, of Bausch + Lomb Corporation. The RSUs are scheduled to vest on the date immediately preceding the conclusion of the next annual meeting of shareholders.
Key Figures
RSUs granted: 11,776 shares
Reported price per RSU: $0.00 per share
Shares held after grant: 11,776 shares
3 metrics
RSUs granted
11,776 shares
Annual RSU grant to non-employee director Robert J. Chersi
Reported price per RSU
$0.00 per share
Compensation award, not an open-market purchase
Shares held after grant
11,776 shares
Directly owned common shares following the RSU award
Key Terms
restricted share units, Omnibus Incentive Plan, annual meeting of shareholders
3 terms
Omnibus Incentive Plan financial
"under the Bausch + Lomb Corporation 2022 Omnibus Incentive Plan, as amended and restated"
An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.
FAQ
What did Bausch & Lomb (BLCO) director Robert J. Chersi report on this Form 4?
Robert J. Chersi reported an award of 11,776 restricted share units (RSUs) of Bausch & Lomb common shares as director compensation under the company’s 2022 Omnibus Incentive Plan.
When do Robert J. Chersi’s Bausch & Lomb (BLCO) RSUs vest?
The 11,776 RSUs granted to Robert J. Chersi are scheduled to vest immediately before the conclusion of the next annual meeting of shareholders, after which they will be settled in Bausch & Lomb common shares.
Are Robert J. Chersi’s BLCO RSUs part of a specific incentive plan?
Yes. The RSUs are an annual grant to a non-employee director under the Bausch + Lomb Corporation 2022 Omnibus Incentive Plan, as amended and restated, and vest based on service through the next annual meeting.
Does this BLCO Form 4 involve any stock sales by Robert J. Chersi?
No. The Form 4 for Robert J. Chersi reports only a grant of 11,776 RSUs as a director compensation award, with no share sales or dispositions reported in this transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.