Form 4: Bausch & Lomb Executive Bonnefoy Reports Share Disposals for Tax Obligations

Luc Bonnefoy, President, Surgical at Bausch & Lomb, reports disposals of common shares to cover tax withholding obligations upon vesting of restricted share units.

Summary

• Luc Bonnefoy, President, Surgical at Bausch & Lomb Corp [BLCO], filed a Form 4 on March 3, 2025, reporting changes in beneficial ownership.
• The report details the disposal of common shares on February 28, 2025, to satisfy tax withholding obligations related to the vesting of restricted share units.
• Two transactions are reported: 1,110 shares and 3,029 shares were disposed of at a price of $16 per share.
• Following these transactions, Bonnefoy directly owns 74,351 common shares.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to tax obligations, and does not indicate any significant positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates that an executive disposed of shares to cover tax obligations, which is a common practice.

Stakeholder Impact

• The disposal of shares by an executive could have a minor impact on shareholder sentiment, but is generally considered a normal part of executive compensation.

Key Dates