Form 4: Bausch & Lomb Executive Reports Stock Transaction Following Vesting of Restricted Share Units
SEC Form 4 Filing
Luc Bonnefoy, President, Surgical at Bausch & Lomb, reports disposition of shares to cover tax obligations upon vesting of restricted share units.
Summary
- On March 1, 2024, Luc Bonnefoy, President, Surgical at Bausch & Lomb, disposed of 1,098 common shares to satisfy tax withholding obligations.
- The shares were disposed of at a price of $16.47 per share.
- Following the transaction, Bonnefoy directly owns 58,169 common shares of Bausch & Lomb Corp.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to tax obligations, and does not contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders (officers, directors, or those holding more than 10% of a company's shares) trade in their company's stock. These filings provide transparency into insider activity and can be scrutinized by investors for signals about a company's prospects. In this case, the transaction is related to tax obligations, which is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction: Disposition of shares to cover tax obligations. |
| 03/04/2024 | Date of signature on the Form 4 filing. |
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