Bausch & Lomb (BLCO) President Luc Bonnefoy Receives 16,778-Share Award

What Happened

Luc Bonnefoy, President, Surgical of Bausch & Lomb Corporation (BLCO), was credited with 16,778 common-share equivalents on August 5, 2026. The Form 4 reports an award (transaction code A) of these performance stock units (PSUs) at a reported acquisition price of $0.00 (total $0), reflecting a compensation award rather than an open-market purchase.

Key Details

• Transaction date: August 5, 2026; Form filed August 7, 2026 (timely — within the usual two-business-day window).
• Transaction type/code: Award of PSUs (A).
• Shares/units: 16,778 common-share equivalents; acquisition price reported $0.00.
• Vesting/conditions: PSUs were originally granted Feb 28, 2024 and satisfied performance at the target (100%) as of Aug 5, 2026. The earned PSUs will vest on Feb 28, 2027, subject to Bonnefoy’s continued employment. (Footnote F1)
• Shares owned after transaction: Not specified in the filing.
• Filing accession: 0001860742-26-000091; Period of Report: 2026-08-05.

Context

This was a compensation award (performance stock units) that became earned based on performance criteria; the units do not convert into actual shares until the scheduled vesting date and contingent on continued service. Such awards are routine executive compensation and are different from open-market buys or immediate sales — they do not necessarily signal an immediate change in insider sentiment.