Bausch & Lomb (BLCO) director Karen Ling awarded 15,842 RSUs as annual equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ling Karen reported acquisition or exercise transactions in this Form 4 filing.
Bausch & Lomb Corp director Karen Ling received an equity grant rather than buying shares on the market. She was awarded 15,842 common shares at a reference price of $15.78 per share as part of her annual restricted share unit (RSU) grant for non-employee directors. Following this award, she directly holds 61,518 common shares. The RSUs are scheduled to vest immediately before the conclusion of the next annual meeting of shareholders, when they will be settled in common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ling Karen
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares, No Par Value | 15,842 | $15.78 | $250K |
Holdings After Transaction:
Common Shares, No Par Value — 61,518 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 15,842 shares
Grant value per share: $15.78 per share
Total shares after grant: 61,518 shares
3 metrics
RSUs granted
15,842 shares
Annual non-employee director grant
Grant value per share
$15.78 per share
Reference price for RSU award
Total shares after grant
61,518 shares
Direct holdings following transaction
Key Terms
restricted share units ("RSUs"), 2022 Omnibus Incentive Plan, annual meeting of shareholders
3 terms
2022 Omnibus Incentive Plan financial
"under the Bausch + Lomb Corporation 2022 Omnibus Incentive Plan, as amended and restated"
FAQ
What did Bausch & Lomb (BLCO) director Karen Ling report in this Form 4?
Karen Ling reported an equity award, not a market purchase or sale. She received 15,842 restricted share units that will settle in common shares, reflecting her annual compensation as a non-employee director under the company’s 2022 Omnibus Incentive Plan.
At what price were Karen Ling’s Bausch & Lomb (BLCO) RSUs valued in the grant?
The 15,842 restricted share units were granted at a reference value of $15.78 per share. This price is used for reporting and compensation purposes and does not represent an open-market purchase or sale by the director on the grant date.
When do Karen Ling’s Bausch & Lomb (BLCO) RSUs from this grant vest?
The RSUs are scheduled to vest immediately before the conclusion of the next annual meeting of shareholders. Once vested, the restricted share units will be settled in Bausch & Lomb common shares, increasing her directly held share count at that time.
Is Karen Ling’s Bausch & Lomb (BLCO) Form 4 transaction a routine compensation grant?
Yes. The filing describes this as the annual grant of restricted share units to a non-employee director under Bausch & Lomb’s 2022 Omnibus Incentive Plan, as amended and restated, indicating it is a regular element of director compensation rather than a discretionary share trade.