ROBERTSON RUSSEL C 4
Research Summary
AI-generated summary
Bausch & Lomb (BLCO) Director Russel C. Robertson Buys 4,400 Shares
What Happened
Russel C. Robertson, a director of Bausch & Lomb Corp (BLCO), made an open-market purchase of 4,400 common shares on 2026-02-20 at $17.90 per share, a total cash outlay of $78,760. In connection with that purchase he was also granted 4,400 matching restricted share units (MRSUs) (reported as a separate award at $0.00). The purchase is a direct insider buy (commonly viewed as a positive signal), while the MRSUs reflect the company’s matching share program.
Key Details
- Transaction date: 2026-02-20 (filed on Form 4 2026-02-24 — within the two-business-day filing window).
- Open-market purchase: 4,400 shares at $17.90 each = $78,760.
- Award/Grant: 4,400 matching RSUs granted at $0.00 (non-cash award).
- Shares owned after transaction: not specified in the filing.
- Footnote: F1 — These are matching restricted share units (MRSUs). One-third of the MRSUs vest on each of the first, second, and third anniversaries of the grant, subject to continued service (except in limited circumstances).
- No 10b5-1 trading plan or other limiting disclosure is specified in the filing.
Context
Matching RSUs are commonly provided to encourage insider share ownership and typically vest over time; they are not immediate cash shares until vested and settled. This filing shows a straightforward open-market purchase plus a matching award — factual evidence of an insider buying stock rather than selling, but it does not reveal the insider’s motive.