Bausch & Lomb CFO Sam Eldessouky Receives 50,335-Share Award
$BLCO · Bausch & Lomb CorpResearch Summary
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Bausch & Lomb CFO Sam Eldessouky Receives 50,335-Share Award
What Happened Sam Eldessouky, EVP and Chief Financial Officer of Bausch & Lomb Corporation (BLCO), was credited with an award of 50,335 performance stock units (PSUs) on August 5, 2026. The Form 4 shows an acquisition (award) of 50,335 shares at $0.00 (total $0) reflecting PSUs that satisfied the applicable performance conditions at the target (100%) level. These earned PSUs will vest on February 28, 2027, generally subject to Eldessouky remaining employed through that date.
Key Details
- Transaction date: August 5, 2026; Filing date: August 7, 2026 (timely file).
- Transaction type: Award/Grant of PSUs (code A); reported price $0.00; amount: 50,335 units.
- Shares owned after transaction: not specified in the provided filing details.
- Footnote: The PSUs were originally granted February 28, 2024 under the Bausch + Lomb 2022 Omnibus Incentive Plan and were earned at the target (100%) performance level as of August 5, 2026; vesting scheduled for February 28, 2027, subject to continued employment.
Context Performance stock units are compensation that convert to common shares upon vesting if employment and other conditions are met; this award reflects attainment of the plan’s performance targets rather than an open-market purchase or sale. Because these are earned compensation (not an immediate cash transaction), they signal that the company’s specified performance metrics were met but do not directly indicate the insider buying or selling shares.