Form 4: Bausch & Lomb Corp Executive Frederick Munsch Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Frederick Munsch, SVP, Controller and CAO of Bausch & Lomb Corp, reports the disposal of 1,313 common shares to cover tax obligations related to vesting restricted share units on July 25, 2024.
Summary
- On July 25, 2024, Frederick Munsch, SVP, Controller and CAO of Bausch & Lomb Corp, disposed of 1,313 common shares.
- The shares were disposed of to satisfy tax withholding obligations due upon the vesting of restricted share units.
- The transaction price was $15.53 per share.
- Following the transaction, Munsch directly owns 55,813 common shares.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, with no significant positive or negative implications for the company's performance or outlook.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into the trading activities of company insiders. This transaction is related to tax obligations arising from the vesting of restricted share units, a common form of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 07/25/2024 | Date of transaction: disposal of 1,313 common shares. |
| 07/29/2024 | Date of signature on the Form 4 filing. |
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