Form 4: Bausch & Lomb Executive Andrew J. Stewart Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Andrew J. Stewart, an officer at Bausch & Lomb Corp, reported the disposal of 2,524 common shares to cover tax withholding obligations on December 23, 2024.
Summary
- On December 23, 2024, Andrew J. Stewart, an officer of Bausch & Lomb Corp, disposed of 2,524 common shares.
- The transaction was executed to satisfy tax withholding obligations arising from the vesting of restricted share units.
- The shares were sold at a price of $17.83 per share.
- Following the transaction, Stewart directly owns 43,461 common shares of Bausch & Lomb Corp.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an executive's share disposal for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This transaction appears to be a standard tax-related disposal of shares.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 12/23/2024 | Date of the share disposal transaction. |
| 12/24/2024 | Date of signature by attorney-in-fact. |
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