Bonnefoy Luc 4
4 · Bausch & Lomb Corp · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Bausch & Lomb (BLCO) President Luc Bonnefoy Sells Shares
What Happened
Luc Bonnefoy, President, Surgical at Bausch & Lomb (BLCO), had a total of 17,936 shares disposed via share-withholding to satisfy tax obligations tied to vesting awards. The transactions were: 4,404 shares at $18.49 for $81,430 (2/26/2026), 4,311 shares at $18.30 for $78,891 (2/27/2026), and 9,221 shares at $18.30 for $168,744 (2/27/2026), totaling $329,065. These are dispositions (code F) for tax withholding rather than open-market sales.
Key Details
- Transaction dates and amounts:
- 2026-02-26: 4,404 shares @ $18.49 = $81,430
- 2026-02-27: 4,311 shares @ $18.30 = $78,891
- 2026-02-27: 9,221 shares @ $18.30 = $168,744
- Total shares withheld: 17,936; total value: $329,065.
- Shares owned after the transactions: not reported in the provided filing.
- Footnotes: Filing indicates F = shares withheld for tax withholding. Footnotes explain F1 = common shares withheld for restricted share unit (RSU) tax obligations and F2 = shares withheld for performance-based RSU tax obligations.
- Filing timeliness: Form filed 2026-03-02 reporting 2/26–2/27 transactions; the filing itself does not flag a late filing in the information provided.
Context
Tax-withholding disposals are routine and occur when restricted or performance-based share awards vest; the company withholds shares to cover taxes rather than the insider selling shares on the open market. These transactions generally do not imply a change in the insider’s view of the company.
Insider Transaction Report
- Tax Payment
Common Shares, No Par Value
[F1]2026-02-26$18.49/sh−4,404$81,430→ 113,533 total - Tax Payment
Common Shares, No Par Value
[F1]2026-02-27$18.30/sh−4,311$78,891→ 109,222 total - Tax Payment
Common Shares, No Par Value
[F2]2026-02-27$18.30/sh−9,221$168,744→ 100,001 total
Footnotes (2)
- [F1]This number represents common shares withheld to satisfy the tax withholding obligations due upon vesting of restricted share units.
- [F2]This number represents common shares withheld to satisfy the tax withholding obligations due upon vesting of performance-based restricted share units.