Bausch & Lomb (NYSE: BLCO) executive reports tax-withheld 4,216-share RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bausch & Lomb Corp President, GPIC Andrew J. Stewart reported a routine tax-withholding share disposition. On the vesting of restricted share units, 4,216 common shares were withheld at $15.82 per share to cover tax obligations. After this non-market transaction, he holds 86,433 common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stewart Andrew J.
Role
President, GPIC
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares, No Par Value | 4,216 | $15.82 | $67K |
Holdings After Transaction:
Common Shares, No Par Value — 86,433 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for tax: 4,216 shares
Withholding price per share: $15.82 per share
Shares held after transaction: 86,433 shares
3 metrics
Shares withheld for tax
4,216 shares
Common shares withheld to satisfy tax obligations on RSU vesting
Withholding price per share
$15.82 per share
Implied price used for 4,216 withheld common shares
Shares held after transaction
86,433 shares
Direct common share holdings after tax-withholding disposition
Key Terms
restricted share units, tax withholding obligations, tax-withholding disposition, Form 4
4 terms
tax withholding obligations financial
"withheld to satisfy the tax withholding obligations"
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did BLCO executive Andrew J. Stewart report?
Andrew J. Stewart reported a tax-withholding disposition of 4,216 Bausch & Lomb common shares. The shares were withheld to cover tax obligations triggered by restricted share unit vesting, rather than sold in the open market, making this a routine administrative transaction.
What does transaction code F mean in the BLCO Form 4 filing?
Transaction code F indicates payment of tax liability or exercise price with securities. In this BLCO filing, 4,216 common shares were withheld to cover tax obligations upon restricted share unit vesting, classifying the event as a tax-withholding disposition rather than a market trade.