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Bausch & Lomb (BLCO) CFO earns 70,578 performance-based shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Bausch & Lomb Corp EVP and CFO Sam Eldessouky reported an equity award tied to performance. He acquired 70,578 common shares underlying performance stock units that met performance conditions as of February 18, 2026, from a grant originally made on March 1, 2023.

The earned performance stock units will vest on March 1, 2026, generally contingent on his continued employment through that date. Following this non-cash grant/award acquisition, his directly owned common shares total 391,394.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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*
Eldessouky Sam

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

(Street)
VAUGHAN A6 L4K 4B4

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Bausch & Lomb Corp [ BLCO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP and CFO
3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Shares, No Par Value 02/18/2026 A 70,578(1) A $0 391,394 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount 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 March 1, 2023 under the Bausch + Lomb Corporation 2022 Omnibus Incentive Plan, as amended and restated, that satisfied the applicable performance conditions as of February 18, 2026. The earned PSUs will vest on March 1, 2026, subject generally to the reporting person's continued employment through such date.
/s/ Debra E. Levin, attorney-in-fact 02/20/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did Bausch & Lomb (BLCO) report for Sam Eldessouky?

Bausch & Lomb reported that EVP and CFO Sam Eldessouky acquired 70,578 common shares through a performance stock unit award that earned out on February 18, 2026, from a grant originally made on March 1, 2023 under the 2022 Omnibus Incentive Plan.

How many Bausch & Lomb (BLCO) shares does Sam Eldessouky now hold?

After this grant/award acquisition, Sam Eldessouky directly holds 391,394 Bausch & Lomb common shares. This total reflects shares underlying performance stock units that satisfied performance conditions as of February 18, 2026, and remain subject to time-based vesting through March 1, 2026.

What are the terms of the Bausch & Lomb (BLCO) performance stock units granted to Sam Eldessouky?

The performance stock units were originally granted on March 1, 2023 and relate to 70,578 common shares. They satisfied performance conditions as of February 18, 2026, and the earned units are scheduled to vest on March 1, 2026, generally requiring his continued employment through that vesting date.

Was cash paid for Sam Eldessouky’s recent Bausch & Lomb (BLCO) share acquisition?

No cash was paid for this acquisition; the transaction price per share was reported as 0.0000. The 70,578 common shares reflect an equity-based performance stock unit award that earned out under the company’s 2022 Omnibus Incentive Plan, rather than an open-market purchase.

What Bausch & Lomb (BLCO) incentive plan governs Sam Eldessouky’s performance stock units?

The 70,578 performance stock units are governed by the Bausch + Lomb Corporation 2022 Omnibus Incentive Plan, as amended and restated. The award vested on performance as of February 18, 2026, with remaining time-based vesting scheduled for March 1, 2026, subject to continued employment.
Bausch + Lomb Corporation

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