O-I Glass SVP awarded stock, shares withheld for tax
O-I Glass SVP Eduardo Restrepo reported equity compensation activity involving company stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
O-I Glass SVP Eduardo Restrepo reported equity compensation activity involving company stock. On March 7, 2026, he acquired 18,453 shares of common stock at no cost in connection with restricted stock units that vest in three equal annual installments starting one year after the grant date. He also acquired 13,118 shares after the Compensation Committee determined that certain 2023–2025 performance-based restricted stock units had vested above target based on company performance.
To cover related tax obligations, 9,816 shares were withheld at $11.38 per share, a non-market, tax-withholding disposition rather than an open-market sale. After these transactions, Restrepo directly holds 90,890 common shares and indirectly holds 36,673.29 shares through a 401(k) plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock (Direct) | 18,453 | $0.00 | $0.00 |
| Grant/Award | Common Stock (Direct) | 13,118 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock (Direct) | 9,816 | $11.38 | $112K |
| Holding | Common Stock (Indirect) | -- | -- | -- |
Footnotes (2)
- F1. The restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date.
- F2. Certain restricted stock units granted for the 2023-2025 grant period vest in the form of common stock based upon the Issuer's performance against certain performance conditions. On March 7, 2026, the Compensation Committee of the Issuer's Board of Directors determined that the performance conditions had been met above target, resulting in the vesting of these shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.