Director adds BLCO stake with 4,500-share buy and 4,500 RSUs grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bausch & Lomb Corp director Ross Thomas W. Sr. reported two transactions in common shares. He made an open-market purchase of 4,500 common shares at a weighted average price of $17.679 per share, increasing his direct holdings to 64,891 shares immediately after the trade. In connection with this purchase, he also acquired 4,500 matching restricted share units (MRSUs) under the company’s matching share program, bringing his total reported direct holdings to 69,391 shares. One-third of these MRSUs will vest on each of the first, second, and third anniversaries of the grant date, subject to his continued service, with limited exceptions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,500 shares ($79,556)
Net Buy
2 txns
Insider
Ross Thomas W. Sr.
Role
Director
Bought
4,500 shs ($80K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares, No Par Value | 4,500 | $17.679 | $80K |
| Grant/Award | Common Shares, No Par Value | 4,500 | $0.00 | -- |
Holdings After Transaction:
Common Shares, No Par Value — 64,891 shares (Direct)
Footnotes (1)
- Reflects a weighted average price. These shares were purchased in multiple transactions at prices ranging from $17.672 to $17.690 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above. Represents matching restricted share units ("MRSUs") granted to the reporting person in connection with the open market purchase of common shares reported on Table I above, pursuant to the issuer's matching share program. One-third of the MRSUs will vest on each of the first, second, and third anniversaries following the date of grant, subject to the reporting person's continued service (except in limited circumstances).
FAQ
What insider transactions did Bausch & Lomb (BLCO) report for Ross Thomas W. Sr.?
Bausch & Lomb reported that director Ross Thomas W. Sr. bought 4,500 common shares in an open-market purchase and received 4,500 matching restricted share units. These combined transactions increased his directly reported holdings to 69,391 common shares, including the new restricted share units.
What is the vesting schedule for the Bausch & Lomb (BLCO) director’s MRSUs?
The 4,500 matching restricted share units granted to the director vest in three equal installments. One-third vests on each of the first, second, and third anniversaries of the grant date, subject to his continued service with limited specified exceptions in the agreement.