Organon (NYSE: OGN) EVP Daniel Karp receives 100,166 RSU grant and new shares
Rhea-AI Filing Summary
Organon & Co. executive Daniel Karp reported several equity compensation moves involving Restricted Stock Units (RSUs) and common stock. On March 31, 2026, he received a grant of 100,166 RSUs, each representing a contingent right to one share of Organon common stock. These RSUs vest in three equal installments on March 31, 2027, 2028, and 2029.
On the same date, previously granted RSUs from March 31, 2023 and March 31, 2025 partially vested, converting 11,338 and 6,715 RSUs, respectively, into common shares. To cover tax obligations, 3,554 and 2,105 common shares were withheld at a price of $5.70 per share. After these transactions, Karp directly held 69,547.923 shares of Organon common stock, alongside the new unvested RSU grant.
Positive
- None.
Negative
- None.
Insights
Routine RSU grant and vesting with tax withholding; no open-market trades.
Organon & Co.'s Executive VP of Corporate Development, Daniel Karp, reported equity awards tied to his compensation. He was granted 100,166 Restricted Stock Units that vest annually over three years, aligning his incentives with long-term company performance.
RSUs granted in 2023 and 2025 also partially vested, converting a total of 18,053 RSUs into common stock through derivative exercises. There were no open-market purchases or sales; activity reflects compensation mechanics rather than discretionary trading.
To satisfy tax liabilities, 5,659 common shares were withheld at $5.70 per share. Following these events, Karp directly held 69,547.923 shares. Overall, the filing shows normal equity vesting and a new RSU grant, a neutral signal for investors.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 100,166 | $0.00 | -- |
| Exercise | Restricted Stock Units | 11,338 | $0.00 | -- |
| Exercise | Restricted Stock Units | 6,715 | $0.00 | -- |
| Exercise | Common Stock | 11,338 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,554 | $5.70 | $20K |
| Exercise | Common Stock | 6,715 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,105 | $5.70 | $12K |
Footnotes (1)
- The price is the closing market price of Organon & Co. ("Organon") common stock on Monday, March 30, 2026, as required by the plan under which the Restricted Stock Units ("RSU") were awarded. On March 31, 2026, the Reporting Person was granted 100,166 RSUs, with each RSU representing a contingent right to receive one share of Organon common stock. These RSUs will vest and become exercisable in three equal installments on March 31, 2027, March 31, 2028, and March 31, 2029. Each RSU represents a contingent right to receive one share of Organon common stock. On March 31, 2023, the Reporting Person was granted 34,014 RSUs. Two-thirds of such RSUs previously vested, and the remaining one-third vested on March 31, 2026. On March 31, 2025, the Reporting Person was granted 20,147 RSUs. One-third of such RSUs vested on March 31, 2026, with the remaining two-thirds to vest on March 31, 2027 and March 31, 2028.
Key Figures
Key Terms
Restricted Stock Units financial
contingent right financial
tax-withholding disposition financial
vesting financial
derivative exercise/conversion financial
FAQ
What equity award did Organon (OGN) executive Daniel Karp receive on March 31, 2026?
How do the new RSUs for Organon (OGN) executive Daniel Karp vest?
What previously granted RSUs vested for Organon (OGN) executive Daniel Karp?
Were there any open-market stock purchases or sales by Organon (OGN) executive Daniel Karp?