Organon (OGN) GC Weaver gets stock awards, shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Organon & Co. general counsel Kirke Weaver reported stock-based compensation and related tax-withholding transactions in company common stock. On February 27, 2026, Weaver acquired 21,925 shares tied to performance share units granted on August 11, 2023, after Organon’s Talent Committee certified that performance goals were met.
Weaver also acquired 6,186 shares representing dividend equivalents on those performance units, and 1,832.163 additional shares from prior dividend equivalents were added to holdings. To cover tax liabilities, 6,815 shares at $7.17 and 1,763 shares at $7.23 were disposed through tax-withholding transactions. Following these movements, Weaver directly owned 73,854.163 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Weaver Kirke
Role
Gen. Counsel & Corp. Secy.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 21,925 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,815 | $7.17 | $49K |
| Grant/Award | Common Stock | 6,186 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,763 | $7.23 | $13K |
Holdings After Transaction:
Common Stock — 74,414 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 1,832.163 shares of Common Stock acquired from dividend equivalents not previously required to be reported.
FAQ
What insider transactions did Organon (OGN) report for Kirke Weaver?
Organon reported that Kirke Weaver received stock awards and related dividend equivalent shares, and had shares withheld to cover taxes. The transactions involved common stock grants from performance share units and tax-withholding dispositions executed on February 27, 2026.
Were Kirke Weaver’s Organon (OGN) transactions open-market buys or sells?
The filing shows equity compensation and tax-withholding, not open-market trades. Shares were acquired through grants and dividend equivalents, while dispositions coded “F” represent shares delivered to pay exercise price or tax liabilities, rather than discretionary market sales.