STOCK TITAN

O-I Glass (NYSE: OI) director receives 18,038-share restricted stock grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

O-I Glass director Iain James Mackay received a stock-based compensation award. He acquired 18,038 shares of common stock through a grant with no cash paid per share. Following this award, his direct holdings increased to 29,751 shares of O-I Glass common stock.

The award consists of restricted stock units that vest in full on the date of the company’s next Annual Meeting of share owners at which directors are elected after the grant date. This is a non-market, compensation-related acquisition rather than an open-market purchase.

Positive

  • None.

Negative

  • None.
Insider Mackay Iain James
Role null
Type Security Shares Price Value
Grant/Award Common Stock (Direct) 18,038 $0.00 --
Holdings After Transaction: Common Stock (Direct) — 29,751 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares granted 18,038 shares Equity grant to director on May 14, 2026
Grant price per share $0.0000 per share Stated price for awarded common stock
Shares owned after grant 29,751 shares Director’s direct holdings following transaction
restricted stock units financial
"The restricted stock units vest in full on the date of the Company's next Annual Meeting"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Annual Meeting of share owners financial
"on the date of the Company's next Annual Meeting of share owners at which directors are elected"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Mackay Iain James

(Last)(First)(Middle)
ONE MICHAEL OWENS WAY

(Street)
PERRYSBURG OHIO 43551

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
O-I Glass, Inc. /DE/ [ OI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock (Direct)05/14/2026A18,038(1)A$0.000029,751D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The restricted stock units vest in full on the date of the Company's next Annual Meeting of share owners at which directors are elected following the date of grant.
Remarks:
Exhibit 24 - Power of Attorney
/s/ Darrow A. Abrahams, attorney-in-fact05/15/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did OI director Iain James Mackay report in this Form 4 filing?

Director Iain James Mackay reported receiving an equity grant of 18,038 O-I Glass common shares. The award was a stock-based compensation grant, not an open-market purchase, and increased his direct holdings to 29,751 shares after the transaction.

How many OI shares did Iain James Mackay acquire in this transaction?

He acquired 18,038 shares of O-I Glass common stock through a grant. The shares were awarded at a stated price of $0.0000 per share as part of director compensation, increasing his direct ownership to 29,751 shares following the grant.

Is the OI Form 4 transaction a market purchase or a compensation grant?

The transaction is a compensation grant, not a market purchase. It is coded as a grant, award, or other acquisition, meaning the director received 18,038 shares as equity compensation instead of buying them on the open market.

When do the restricted stock units granted to the OI director vest?

The restricted stock units vest in full on the date of the company’s next Annual Meeting of share owners at which directors are elected, following the grant date. This creates a time-based vesting schedule tied to the next director election meeting.

What is Iain James Mackay’s OI share ownership after this Form 4 transaction?

After the reported grant, his direct ownership totals 29,751 shares of O-I Glass common stock. This figure reflects the cumulative number of shares he holds directly following the 18,038-share stock-based compensation award reported in the filing.