Munsch Frederick 4

What Happened

• Frederick Munsch, SVP, Controller and CAO of Bausch & Lomb Corporation (BLCO), received a grant of 18,253 restricted share units (RSUs) on 2026-02-25. The grant is reported as an award (code A) with an acquisition price of $0.00 (i.e., a compensation grant rather than a purchase). The RSUs vest one‑third on each of the first three anniversaries of the grant date and, when vested, are settled in Bausch & Lomb common shares.

Key Details

• Transaction date: 2026-02-25 (Form 4 filed 2026-02-27 — appears timely).
• Shares/units granted: 18,253 RSUs; acquisition price reported $0.00.
• Vesting: 1/3 on each of the first three anniversaries of the grant (subject to continued service and plan terms).
• Settlement: Vested RSUs will be settled in common shares, no par value, of Bausch & Lomb Corporation.
• Filing omissions: The filing does not state shares owned after the transaction or any tax‑withholding details.

Context

• RSUs are a form of equity compensation that convert to actual shares only upon vesting; they are neither open‑market purchases nor sales. Such grants are common for executive compensation and primarily affect future potential ownership as units vest; they do not represent an immediate cash transaction or open‑market insider buying.