Bausch & Lomb CLO has shares withheld for taxes
Bausch & Lomb Corp executive Robert D. Bailey, EVP & Chief Legal Officer, reported a routine tax-related share disposition.
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Rhea-AI Filing Summary
Bausch & Lomb Corp executive Robert D. Bailey, EVP & Chief Legal Officer, reported a routine tax-related share disposition. On this Form 4, 15,806 common shares were withheld at $15.82 per share to cover tax withholding obligations from vesting restricted share units. Following this withholding, Bailey directly holds 230,684 common shares, indicating this was not an open-market sale but a standard mechanism to satisfy taxes due at vesting.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Shares, No Par Value | 15,806 | $15.82 | $250K |
Footnotes (1)
- F1. This number represents common shares withheld to satisfy the tax withholding obligations due upon vesting of restricted share units.
Key Figures
Key Terms
tax withholding obligations financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Bausch & Lomb (BLCO) report for Robert D. Bailey?
Was the Bausch & Lomb (BLCO) Form 4 for Robert D. Bailey an open-market sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.