SAUNDERS BRENT L 4
Research Summary
AI-generated summary
Bausch & Lomb (BLCO) CEO Brent L. Saunders Withholds 46,708 Shares
What Happened Brent L. Saunders, CEO and Chairman of Bausch & Lomb Corp (BLCO), had a total of 46,708 common shares withheld to satisfy tax withholding obligations upon the vesting of restricted share units (RSUs). On 2026-02-26, 22,059 shares were withheld at $18.49 each for $407,871, and on 2026-02-27, 24,649 shares were withheld at $18.30 each for $451,077 — a combined value of $858,948. These transactions are tax-withholding dispositions (code F), not open-market sales or purchases.
Key Details
- Transaction dates & prices:
- 2026-02-26: 22,059 shares withheld @ $18.49 = $407,871
- 2026-02-27: 24,649 shares withheld @ $18.30 = $451,077
- Total shares withheld: 46,708; total value ≈ $858,948
- Shares owned after the transaction: Not specified in the filing
- Footnote: F1 — shares withheld to satisfy tax withholding on RSU vesting
- Filing timeliness: Form 4 filed 2026-03-02; filing appears timely (within required reporting window)
Context These actions are routine tax-withholding dispositions associated with RSU vesting (not discretionary sales). Transaction code F indicates shares were surrendered/withheld to cover tax obligations rather than sold on the open market; such transactions generally do not signal a change in the insider’s view of the company.