Bailey A Robert D 4
Research Summary
AI-generated summary
Bausch & Lomb (BLCO) EVP Robert D. Bailey Withholds 15,806 Shares
What Happened
Robert D. Bailey, EVP & Chief Legal Officer of Bausch & Lomb (BLCO), had 15,806 common shares withheld to satisfy tax withholding obligations upon the vesting of restricted share units. The shares were recorded at $15.82 each, totaling $250,051. This was a withholding to cover taxes (transaction code F), not an open-market sale or purchase.
Key Details
- Transaction date: 2026-04-24
- Price: $15.82 per share; total value of withheld shares: $250,051
- Shares withheld/Disposed: 15,806 (to cover tax obligations on RSU vesting)
- Shares owned after transaction: not disclosed in this filing
- Footnote: F1 — shares withheld to satisfy tax withholding on RSU vesting
- Filing date: 2026-04-27 (filed within the typical Form 4 reporting window)
Context
Tax-withholding dispositions are routine when restricted stock units vest and generally do not indicate the insider is selling shares for investment reasons. This transaction represents a payroll-tax-related withholding rather than a directional trade signal.