Form 4: Bausch & Lomb Executive Bonnefoy Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Luc Bonnefoy, President, Surgical at Bausch & Lomb Corp, disposed of 958 common shares on June 14, 2024, to cover tax withholding obligations.
Summary
- On June 14, 2024, Luc Bonnefoy, President, Surgical at Bausch & Lomb Corp, disposed of 958 common shares.
- The transaction was executed to satisfy tax withholding obligations arising from the vesting of restricted share units.
- The shares were disposed of at a price of $15.09 per share.
- Following the transaction, Bonnefoy directly owns 57,211 common shares of Bausch & Lomb Corp.
Sentiment
Score: 5
Explanation: The document reflects a neutral event (tax obligation fulfillment) with no inherent positive or negative implications for the company's overall performance.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in trading activities by company insiders. This filing indicates a routine transaction related to tax obligations.
Stakeholder Impact
- The transaction has minimal impact on shareholders as it is a routine disposal of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 06/14/2024 | Date of the share disposal transaction. |
| 06/18/2024 | Date of signature for the Form 4 filing. |
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