KAVANAGH SARAH B 4

What Happened Sarah B. Kavanagh, a director of Bausch & Lomb Corporation (BLCO), was granted 15,842 restricted share units (RSUs) on 2026-05-26. The grant is reported at a per-share value of $15.78, for a total reported value of $249,987. This transaction is coded as an award/grant (A), not an open-market purchase or sale.

Key Details

• Transaction date and type: 2026-05-26 — Grant/Award (code A).
• Price/value: $15.78 per share; total reported value $249,987.
• Shares acquired: 15,842 RSUs (will convert to common shares upon settlement/vesting).
• Shares owned after transaction: Not disclosed in this Form 4 filing.
• Footnote: Annual grant of RSUs to non-employee directors under the Bausch + Lomb Corporation 2022 Omnibus Incentive Plan; vested RSUs are settled in common shares. RSUs are scheduled to vest on the date immediately preceding the conclusion of the next annual meeting of shareholders.
• Filing timeliness: Form 4 filed 2026-05-28 for a 2026-05-26 transaction — within the standard two-business-day reporting window.

Context This is a routine annual director compensation award to a non-employee director. RSU grants represent future share compensation subject to vesting and do not reflect an immediate purchase or sale of stock. Such grants are common and primarily compensation-related rather than a direct signal of the insider’s view on short-term stock performance.