Stewart Andrew J. 4

What Happened Andrew J. Stewart, President (GPIC) of Bausch & Lomb Corp (BLCO), had 4,991 common shares withheld to satisfy tax-withholding obligations on vested restricted share units (RSUs). The withholding occurred in two transactions: 2,984 shares at $18.49 each (value $55,174) on 2026-02-26, and 2,007 shares at $18.30 each (value $36,728) on 2026-02-27 — a combined value of approximately $91,902. This is a routine tax-withholding event tied to RSU vesting, not an open-market sale intended to express a view on the stock.

Key Details

• Transaction dates and prices:
  • 2026-02-26: 2,984 shares withheld at $18.49 (disposed) — $55,174
  • 2026-02-27: 2,007 shares withheld at $18.30 (disposed) — $36,728
• Total shares withheld: 4,991; total value ≈ $91,902.
• Footnote: Shares were withheld to satisfy tax withholding on vested restricted share units (F1).
• Filing: Form 4 filed 2026-03-02 reporting transactions on 2026-02-26 and 2026-02-27. The filing does not indicate a late-reporting code in the provided data.
• Shares owned after the transactions: Not disclosed in the information provided on this filing.

Context

• Withholding shares to cover taxes on vested RSUs is common and generally considered administrative/routine rather than a directional trade by the insider. It should not be interpreted as the insider selling additional shares on the open market to raise cash or as an express bearish view.