Form 4: Bausch & Lomb EVP A. Robert D. Bailey Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
A. Robert D. Bailey, EVP & Chief Legal Officer of Bausch & Lomb Corp, disposed of 9,781 common shares on April 24, 2025, to cover tax withholding obligations upon vesting of restricted share units.
Summary
- On April 24, 2025, A. Robert D. Bailey, the EVP & Chief Legal Officer of Bausch & Lomb Corp, reported a transaction involving the disposal of common shares.
- The transaction involved the disposal of 9,781 common shares to satisfy tax withholding obligations.
- The shares were disposed of at a price of $13.89 per share.
- Following the transaction, Bailey directly owns 170,576 common shares of Bausch & Lomb Corp.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to executive stock transactions. It doesn't inherently convey positive or negative sentiment.
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 vested restricted share units, a common form of executive compensation.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 04/24/2025 | Date of transaction: Disposal of common shares to cover tax obligations. |
| 04/25/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Bausch & Lomb, BLCO, Executive Compensation, Stock Disposal, Tax Withholding, A. Robert D. Bailey, EVP & Chief Legal Officer
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