Orion S.A. (OEC) awards CEO 220,849 RSUs vesting 2027-2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Orion S.A. granted Chief Executive Officer Corning F. Painter an award of 220,849 RSUs tied to its common shares at a price of $0.00 per share. These restricted stock units were granted on April 29, 2026 and will vest ratably on January 1 for calendar years 2027, 2028 and 2029. After this equity award, Painter directly holds 1,303,043 common shares of Orion S.A., reflecting a compensation-related share acquisition rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Painter Corning F.
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares, no par value | 220,849 | $0.00 | -- |
Holdings After Transaction:
Common Shares, no par value — 1,303,043 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 220,849 RSUs
Grant price per share: $0.00 per share
Shares owned after grant: 1,303,043 shares
+2 more
5 metrics
RSUs granted
220,849 RSUs
Award to CEO on April 29, 2026
Grant price per share
$0.00 per share
RSU grant to CEO
Shares owned after grant
1,303,043 shares
CEO direct holdings following transaction
Vesting start
January 1, 2027
First vesting date for RSUs
Vesting end
January 1, 2029
Final vesting date for RSUs
Key Terms
RSUs, vest ratably, Common Shares, no par value
3 terms
RSUs financial
"RSUs granted to the reporting person on April 29, 2026."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
vest ratably financial
"Granted RSUs will vest ratably on January 1st for calendar years 2027, 2028 and 2029."
FAQ
What equity award did Orion S.A. (OEC) grant its CEO?
Orion S.A. granted CEO Corning F. Painter 220,849 restricted stock units (RSUs) linked to its common shares. The grant is a compensation award with a $0.00 grant price, increasing his direct equity stake in the company.
How will the new RSUs for Orion S.A. (OEC) CEO vest?
The 220,849 RSUs granted to Orion’s CEO will vest ratably on January 1 for calendar years 2027, 2028 and 2029. This staggered schedule ties the award to multi‑year service and performance alignment.
What type of security did the Orion S.A. (OEC) CEO receive?
The CEO received restricted stock units (RSUs) that convert into Orion S.A. Common Shares, no par value, upon vesting. RSUs provide share-based compensation that typically encourages longer-term alignment with shareholders.