SAUNDERS BRENT L 4
Research Summary
AI-generated summary
Bausch & Lomb (BLCO) CEO Brent Saunders Buys Stock
What Happened
- Brent L. Saunders, CEO and Chairman of Bausch & Lomb (BLCO), purchased 14,700 common shares in an open‑market transaction on 2026-03-06 at a weighted average price of $17.14 per share for a total of $251,958. The filing also reports a matching award of 14,700 restricted share units (MRSUs) granted in connection with that purchase (grant value reported as $0).
Key Details
- Transaction date: 2026-03-06 (reported on Form 4 filed 2026-03-10). Filing appears timely.
- Purchase details: 14,700 shares acquired at a weighted average price of $17.14 (price range reported as $17.09–$17.19).
- Cash value: open‑market purchase ≈ $251,958.
- Award details: 14,700 matching restricted share units (MRSUs) granted at $0; one‑third of the MRSUs vest on each of the first, second and third anniversaries after grant, subject to continued service (per footnote).
- Shares owned after the reported transactions: not stated in the provided filing details.
- Footnote on pricing: reporting person can provide the exact per‑trade breakdown within the stated price range upon request.
Context
- The MRSUs are a company matching award tied to the open‑market purchase and will vest over three years, so they are not immediately liquid. Purchases by executives are often watched by investors as a potentially supportive signal, but the filing is purely factual and does not state the insider’s motivation.