Form 4: Bausch & Lomb EVP and CFO Sam Eldessouky Reports Changes in Beneficial Ownership

Sam Eldessouky, EVP and CFO of Bausch & Lomb Corp, reports the disposal of common shares to cover tax withholding obligations upon vesting of restricted share units.

Summary

• On December 23, 2024, Sam Eldessouky, the EVP and CFO of Bausch & Lomb Corp, disposed of 7,249 common shares at a price of $17.83.
• Following this transaction, Eldessouky directly owns 231,418 common shares.
• Additionally, on the same date, Eldessouky disposed of 8,582 common shares at a price of $17.83.
• Following this transaction, Eldessouky directly owns 222,836 common shares.
• These disposals were to satisfy tax withholding obligations due upon the vesting of restricted share units.

Sentiment

Score: 7

Explanation: The document reflects standard executive compensation practices and compliance with SEC regulations. It's a neutral event with no inherent positive or negative implications for the company's overall financial health.

Industry Context

This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies. It provides transparency regarding the holdings and transactions of company insiders.

Stakeholder Impact

• The transactions have a minimal direct impact on shareholders, as they relate to tax obligations of an executive.
• The filing provides transparency to stakeholders regarding executive compensation.

Key Dates