Form 4: Bausch & Lomb EVP and CFO Sam Eldessouky Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Sam Eldessouky, EVP and CFO of Bausch & Lomb Corp, reports the withholding of common shares to cover tax obligations upon vesting of restricted share units.
Summary
- On July 25, 2024, Sam Eldessouky, the EVP and CFO of Bausch & Lomb Corp, reported a transaction involving common shares.
- 5,113 common shares were disposed of to satisfy tax withholding obligations related to the vesting of restricted share units at a price of $15.53 per share.
- Following the transaction, Eldessouky directly owns 238,667 common shares of Bausch & Lomb Corp.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to executive compensation and does not convey any strong positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and does not indicate any specific trend in the broader industry.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine tax-related disposal of shares.
Key Dates
| Date | Description |
|---|---|
| 07/25/2024 | Date of transaction involving common shares. |
| 07/29/2024 | Date of signature on the report. |
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