Eldessouky Sam 4

What Happened
Sam Eldessouky, EVP and Chief Financial Officer of Bausch & Lomb (BLCO), had a total of 74,039 common shares withheld to satisfy tax-withholding obligations tied to restricted share unit vesting. The withholding transactions are reported as dispositions (code F) and occurred on Feb 26–27, 2026: 7,062 shares at $18.49 ($130,576), 15,507 shares at $18.30 ($283,778), and 51,470 shares at $18.30 ($941,901), for combined proceeds of about $1,356,255. These were tax-withholding events—not open-market sales initiated by the insider.

Key Details

• Transaction dates & amounts:
  • 2026-02-26: 7,062 shares withheld at $18.49 → $130,576
  • 2026-02-27: 15,507 shares withheld at $18.30 → $283,778
  • 2026-02-27: 51,470 shares withheld at $18.30 → $941,901
• Total shares withheld: 74,039; total proceeds ≈ $1,356,255.
• Transaction code: F (shares withheld to satisfy tax withholding).
• Footnotes: F1 = shares withheld for standard restricted share unit tax withholding; F2 = shares withheld for performance-based restricted share unit tax withholding.
• Filing: Form 4 filed 2026-03-02 (reporting period begins 2026-02-26); filing appears timely based on reported dates.
• Shares owned after the transactions: not specified in the provided excerpt of the filing.

Context
These are routine tax-withholding dispositions tied to RSU vesting (including performance-based RSUs), which are common and do not necessarily indicate the insider’s view of the company. Because the shares were withheld to cover tax obligations rather than sold in open-market trades, they are generally viewed as administrative transactions rather than directional insider buying or selling.