Eldessouky Sam 4

What Happened

• Sam Eldessouky, EVP and Chief Financial Officer of Bausch & Lomb Corporation (BLCO), was credited with 70,578 common shares on Feb 18, 2026 as an award (transaction code A). The filing reports $0 cash paid for these shares because they represent earned performance stock units (PSUs) rather than an open-market purchase or sale. The PSUs satisfied performance conditions as of Feb 18, 2026 and are scheduled to vest on Mar 1, 2026, subject to Eldessouky’s continued employment.

Key Details

• Transaction date: Feb 18, 2026 (Form 4 filed Feb 20, 2026 — within the typical 2-business-day reporting window)
• Transaction type/code: Award/other acquisition (A)
• Shares involved: 70,578 common shares; reported acquisition value $0 (PSUs converted to underlying shares)
• Vesting: Earned PSUs will vest on Mar 1, 2026, subject to continued employment
• Shares owned after transaction: Not specified in the provided filing
• Footnote: These are common shares underlying PSUs originally granted Mar 1, 2023 under the 2022 Omnibus Incentive Plan that met performance goals on Feb 18, 2026

Context

• This was an award of performance-based restricted equity, not a market buy or sale; such awards are a form of compensation tied to company performance and continued employment. Because the shares are not yet vested, they do not represent immediately tradable shares.