Bonnefoy Luc 4

What Happened
Luc Bonnefoy, President, Surgical at Bausch & Lomb (BLCO), had a total of 17,936 shares disposed via share-withholding to satisfy tax obligations tied to vesting awards. The transactions were: 4,404 shares at $18.49 for $81,430 (2/26/2026), 4,311 shares at $18.30 for $78,891 (2/27/2026), and 9,221 shares at $18.30 for $168,744 (2/27/2026), totaling $329,065. These are dispositions (code F) for tax withholding rather than open-market sales.

Key Details

• Transaction dates and amounts:
  • 2026-02-26: 4,404 shares @ $18.49 = $81,430
  • 2026-02-27: 4,311 shares @ $18.30 = $78,891
  • 2026-02-27: 9,221 shares @ $18.30 = $168,744
• Total shares withheld: 17,936; total value: $329,065.
• Shares owned after the transactions: not reported in the provided filing.
• Footnotes: Filing indicates F = shares withheld for tax withholding. Footnotes explain F1 = common shares withheld for restricted share unit (RSU) tax obligations and F2 = shares withheld for performance-based RSU tax obligations.
• Filing timeliness: Form filed 2026-03-02 reporting 2/26–2/27 transactions; the filing itself does not flag a late filing in the information provided.

Context
Tax-withholding disposals are routine and occur when restricted or performance-based share awards vest; the company withholds shares to cover taxes rather than the insider selling shares on the open market. These transactions generally do not imply a change in the insider’s view of the company.