Organon (OGN) HR chief gets stock awards, withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Organon & Co. Chief Human Resources Officer Aaron Falcione reported equity compensation activity in company common stock. On February 27, 2026, he acquired 23,805 shares and 6,717 shares at no cost as stock awards tied to performance share units granted in August 2023, following certification of performance goals and related dividend equivalents. To cover tax obligations, he disposed of 8,705 shares at $7.17 and 2,301 shares at $7.23 through tax-withholding dispositions rather than open-market sales. After these transactions, he directly owned 84,109.071 shares of Organon common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Falcione Aaron
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 23,805 | $0.00 | -- |
| Tax Withholding | Common Stock | 8,705 | $7.17 | $62K |
| Grant/Award | Common Stock | 6,717 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,301 | $7.23 | $17K |
Holdings After Transaction:
Common Stock — 86,778.661 shares (Direct)
Footnotes (1)
- Represents shares of Organon & Co. common stock ("Common Stock") for performance share units ("PSUs") granted to the reporting person on August 11, 2023 under the Organon & Co. 2021 Incentive Stock Plan. The performance-vesting restrictions with respect to these shares were released upon certification of performance goal attainment by the Talent Committee of Organon's Board of Directors. Represents the shares of Common Stock released to cover the dividend equivalents earned on the PSUs released above. Includes the addition of 1,619.41 shares of Common Stock acquired from dividend equivalents net of withholding tax not previously required to be reported.
FAQ
What did Organon (OGN) executive Aaron Falcione report on this Form 4?
Aaron Falcione reported equity compensation activity in Organon common stock. He received stock awards from performance share units and had shares withheld to cover taxes, all on February 27, 2026, resulting in updated direct ownership of 84,109.071 shares.
Were any of Aaron Falcione’s Organon (OGN) transactions open-market sales?
The Form 4 shows no open-market sales. Dispositions of 8,705 shares at $7.17 and 2,301 shares at $7.23 were coded as tax-withholding transactions, meaning shares were delivered to satisfy tax obligations associated with the vesting stock awards.
What do the dividend equivalent footnotes in the Organon (OGN) Form 4 mean?
The footnotes explain that some released shares cover dividend equivalents earned on the performance share units. They also note an additional 1,619.41 shares from dividend equivalents, net of withholding tax, that increased Falcione’s holdings and were not previously required to be reported.