4/A: Bausch & Lomb Director Amends Filing to Correctly Report Share Ownership
SEC Form 4/A Amendment
A Bausch & Lomb director, Russel C. Robertson, amends a previous SEC Form 4 filing to remove an incorrectly reported grant of restricted share units, confirming beneficial ownership of 42,366 common shares as of September 30, 2024.
Summary
- Russel C. Robertson, a director of Bausch & Lomb Corp, filed an amendment to a previous Form 4.
- The amendment corrects an error in the original filing regarding a grant of 1,328 restricted share units.
- The grant, initially reported on October 1, 2024, did not occur and is removed from the amended filing.
- As of September 30, 2024, Robertson beneficially owns 42,366 common shares of Bausch & Lomb Corp.
Sentiment
Score: 7
Explanation: The document is a routine correction of a previous filing, indicating standard corporate governance procedures. There is no indication of positive or negative sentiment, but the correction itself is a positive sign of transparency.
Industry Context
Form 4 filings are standard practice for company insiders (directors, officers, and 10% owners) to report transactions in their company's stock to the SEC, ensuring transparency and preventing insider trading. Amendments are filed to correct errors or omissions in previous filings.
Stakeholder Impact
- The correction of the filing ensures accurate information is available to shareholders and the public.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Date of earliest transaction and date for confirmed beneficial ownership of 42,366 common shares. |
| 10/01/2024 | Date of original Form 4 filing that incorrectly reported a grant of restricted share units. |
| 10/04/2024 | Date of the amended Form 4/A filing. |
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