Bausch & Lomb (BLCO) Director Paul Laurence E Receives Award
$BLCO · Bausch & Lomb CorpResearch Summary
AI-generated summary of this SEC filing
Bausch & Lomb (BLCO) Director Paul Laurence E Receives Award
What Happened
Paul Laurence E, a director of Bausch & Lomb Corporation (BLCO), was granted 11,776 restricted share units (RSUs) on 2026-08-12. The Form 4 reports an acquisition price of $0, reflecting an award rather than a cash purchase. These RSUs are scheduled to vest on the date immediately preceding the conclusion of the next annual meeting of shareholders and, when vested, will be settled in common shares.
Key Details
- Transaction date: 2026-08-12 (reported on Form 4 filed 2026-08-14). Transaction code: A (award/grant).
- Amount: 11,776 RSUs; reported acquisition price: $0 (no cash paid). Total value not listed on the Form 4.
- Vesting/settlement: RSUs vest immediately before the next annual shareholders’ meeting and will be settled in common shares per the filing footnote.
- Shares owned following transaction: not provided in the supplied data.
- Timeliness: Filed within two days of the transaction date (not marked late).
Context
RSU grants to non-employee directors are a routine form of compensation and do not reflect an immediate buy or sell decision—these units convert to shares only upon vesting. This award increases potential future share ownership for the director but does not change outstanding shares until settlement.