O-I Glass (NYSE: OI) SVP Restrepo adds 3,309 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
O-I Glass senior vice president Eduardo Restrepo bought additional company stock in the open market. On May 14, 2026, he purchased 3,309 shares of O-I Glass common stock in a direct open-market transaction at a price of $8.985 per share. After this purchase, his direct holdings increased to 94,199 common shares. A separate line in the filing shows 37,935.671 common shares held indirectly through a 401(k) plan, reflecting retirement-plan ownership rather than a new market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,309 shares ($29,731)
Net Buy
2 txns
Insider
Restrepo Eduardo
Role
SVP, Business Ops Americas
Bought
3,309 shs ($30K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock (Direct) | 3,309 | $8.985 | $30K |
| holding | Common Stock (Indirect) | -- | -- | -- |
Holdings After Transaction:
Common Stock (Direct) — 94,199 shares (Direct, null);
Common Stock (Indirect) — 37,935.671 shares (Indirect, By 401k)
Footnotes (1)
Key Figures
Shares purchased: 3,309 shares
Purchase price per share: $8.985 per share
Direct holdings after transaction: 94,199 shares
+2 more
5 metrics
Shares purchased
3,309 shares
Open-market purchase of common stock on May 14, 2026
Purchase price per share
$8.985 per share
Price for the 3,309 common shares bought
Direct holdings after transaction
94,199 shares
Direct O-I Glass common stock owned after the purchase
Indirect 401(k) holdings
37,935.671 shares
Common stock held indirectly through a 401(k) plan
Buy transactions reported
1 buy
Transaction summary shows one buy and no sells
Key Terms
open-market purchase, Common Stock (Direct), Common Stock (Indirect), 401k, +1 more
5 terms
open-market purchase financial
"transaction_action is described as an open-market purchase of common stock"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Common Stock (Direct) financial
"The filing lists a non-derivative transaction in Common Stock (Direct)."
Common Stock (Indirect) financial
"Another line shows Common Stock (Indirect) held with nature of ownership By 401k."
401k financial
"The nature_of_ownership for the indirect holding is described as By 401k."
An employer-sponsored retirement savings plan in the United States that lets workers set aside part of their paycheck into investments with tax advantages; some plans also include employer matching contributions, which is like free money added to your savings. It matters to investors because 401(k) balances represent a large pool of household retirement assets that influence personal financial security, investor behavior, and long-term demand for stocks and bonds.
non-derivative financial
"The 3,309-share transaction is categorized as a non-derivative transaction."
FAQ
What insider transaction did OI executive Eduardo Restrepo report on this Form 4?
Eduardo Restrepo reported buying 3,309 shares of O-I Glass common stock. The purchase was an open-market transaction at $8.985 per share, increasing his directly held stake to 94,199 shares as of May 14, 2026.
What does the 401(k) entry mean in Eduardo Restrepo’s OI Form 4 filing?
The Form 4 shows 37,935.671 O-I Glass common shares held indirectly “By 401k.” This line is categorized as a holding entry with an unknown transaction code, indicating retirement-plan ownership rather than a newly reported open-market buy or sell.
Is Eduardo Restrepo’s OI transaction classified as a buy or sell of O-I Glass stock?
The primary reportable transaction is a buy. The Form 4 categorizes the 3,309-share common stock trade as an open-market purchase, with transaction direction labeled as “buy” and no corresponding sale or derivative exercise reported for that date.