Form 4: Bausch & Lomb EVP & Chief Legal Officer Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Robert D. Bailey, EVP & Chief Legal Officer of Bausch & Lomb Corp, disposed of 9,838 common shares on April 24, 2024, to cover tax withholding obligations.
Summary
- On April 24, 2024, Robert D. Bailey, the EVP & Chief Legal Officer of Bausch & Lomb Corp, reported a transaction involving the disposal of common shares.
- A total of 9,838 common shares were disposed of to satisfy tax withholding obligations due upon the vesting of restricted share units.
- The transaction was executed at a price of $14.9 per share.
- Following the reported transaction, Bailey directly owns 144,219 common shares.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, and does not indicate 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.
Key Dates
| Date | Description |
|---|---|
| 04/24/2024 | Date of transaction: disposal of common shares to cover tax obligations. |
| 04/26/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.