Organon (OGN) controller sells 26,448 shares, ends direct stake
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Organon & Co.’s SVP and Corporate Controller, Lynette Holzbaur, reported an amended insider transaction on common stock. The filing now shows an open-market sale of 26,448.366 shares of common stock at $13.3498 per share on May 6, 2026, leaving her with 0 shares directly owned afterward.
The amendment clarifies that this transaction should be treated as a sale (disposition) rather than a purchase as previously reported. It also records the acquisition of 45.939 shares of common stock that had not been required to be reported earlier, categorized as an “other acquisition or disposition.”
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 26,448.366 shares ($353,080)
Net Sell
2 txns
Insider
Holzbaur Lynette
Role
SVP and Corporate Controller
Sold
26,448.366 shs ($353K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 45.939 | $0.00 | -- |
| Sale | Common Stock | 26,448.366 | $13.3498 | $353K |
Holdings After Transaction:
Common Stock — 26,448.366 shares (Direct, null)
Footnotes (1)
- This reflects the acquisition of 45.939 shares of common stock not previously required to be reported. This amendment updates the reporting of the 26,448.366 shares in Table I to reflect a sale (disposition) instead of a purchase.
Key Figures
Shares sold: 26,448.366 shares
Sale price per share: $13.3498 per share
Shares acquired (other): 45.939 shares
+2 more
5 metrics
Shares sold
26,448.366 shares
Common Stock sold on May 6, 2026
Sale price per share
$13.3498 per share
Open-market sale of Common Stock
Shares acquired (other)
45.939 shares
Previously unreported acquisition of Common Stock
Shares after sale
0 shares
Total Common Stock directly owned following transaction
Net shares sold
26,448.366 shares
Net-sell direction from transaction summary
Key Terms
open-market sale, other acquisition or disposition, Form 4/A, Common Stock, +1 more
5 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
other acquisition or disposition financial
"transaction_code_description": "Other acquisition or disposition""
Form 4/A regulatory
"This amendment updates the reporting of the 26,448.366 shares"
Form 4/A is an amended filing that corrects or updates an earlier Form 4, the mandatory report that insiders (like company executives, directors, or large shareholders) must file when their ownership stakes change. Think of it as an edited receipt showing who bought or sold stock and when; investors use it to track insider confidence, detect potential conflicts, and spot trading patterns that might signal future company prospects.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
net-sell financial
"netBuySellDirection": "net-sell""
FAQ
What insider transaction did Organon (OGN) report for Lynette Holzbaur?
Organon reported that SVP and Corporate Controller Lynette Holzbaur sold 26,448.366 shares of common stock in an open-market transaction at $13.3498 per share on May 6, 2026, and now directly holds zero shares afterward.
Why was this Organon (OGN) Form 4 amended (Form 4/A)?
The amendment corrects a prior classification, updating 26,448.366 shares in Table I to reflect a sale (disposition) instead of a purchase. It also adds 45.939 shares of common stock that were previously acquired but not required to be reported at that time.