Form 4: Bausch & Lomb EVP A. Robert D. Bailey Reports Changes in Beneficial Ownership
SEC Form 4 Filing
EVP & Chief Legal Officer A. Robert D. Bailey reports disposition of 4,402 common shares to cover tax obligations upon vesting of restricted share units.
Summary
- On December 23, 2024, A. Robert D. Bailey, EVP & Chief Legal Officer of Bausch & Lomb Corp, disposed of 4,402 common shares to satisfy tax withholding obligations.
- The transaction was executed at a price of $17.83 per share.
- Following the transaction, Bailey directly owns 139,817 common shares.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine transaction related to executive compensation. It doesn't indicate any positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. This transaction is related to tax obligations arising from the vesting of restricted share units, a common form of executive compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 12/23/2024 | Date of transaction: Disposition of common shares to cover tax obligations. |
| 12/24/2024 | Date of signature on the report. |
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