OGN interim CEO Morrissey awarded 131,233 Organon RSUs, vesting through 2028
Rhea-AI Filing Summary
Organon & Co. reported an equity grant to its interim CEO. On November 13, 2025, officer and interim CEO Joseph T. Morrissey, Jr. received 131,233 restricted stock units (RSUs), each convertible into one share of Organon common stock. The RSUs were granted following the company’s earnings release for the quarter ended September 30, 2025. These RSUs vest in three equal installments on November 13, 2026, November 13, 2027, and November 13, 2028. After this grant, Morrissey beneficially owns 131,233 derivative securities directly.
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FAQ
What insider transaction did Organon (OGN) report in this Form 4?
Organon & Co. reported that interim CEO and officer Joseph T. Morrissey, Jr. received a grant of 131,233 restricted stock units (RSUs) on November 13, 2025.
How many Organon (OGN) RSUs were granted to the interim CEO?
The interim CEO was granted 131,233 restricted stock units (RSUs), each RSU converting into one share of Organon common stock.
When do the newly granted Organon (OGN) RSUs vest?
The RSUs vest in three equal installments on November 13, 2026, November 13, 2027, and November 13, 2028.
What does each Organon (OGN) RSU convert into for the interim CEO grant?
Each restricted stock unit (RSU) converts into one share of Organon & Co. common stock.
How many derivative securities does the Organon (OGN) interim CEO own after this transaction?
Following the reported grant, interim CEO Joseph T. Morrissey, Jr. beneficially owns 131,233 derivative securities, held directly.
What was the context for the timing of the Organon (OGN) RSU grant?
The RSUs were granted on November 13, 2025, which was the close of business on the third business day after Organon’s earnings release for the quarter ended September 30, 2025.