O-I Glass SVP receives stock awards, tax withholding
O-I Glass SVP, GC & Corporate Secretary Darrow A. Abrahams reported equity compensation and related tax withholding.
Rhea-AI Filing Summary
O-I Glass SVP, GC & Corporate Secretary Darrow A. Abrahams reported equity compensation and related tax withholding. On March 7, 2026, he acquired 42,179 and 33,955 shares of common stock at no cost as grants/awards. Footnotes state some restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date and that certain 2023–2025 performance-based units vested after the issuer’s performance exceeded targets. To cover tax liabilities, 27,427 shares were withheld at $11.38 per share, a non-market disposition. After these transactions, he holds 233,154 shares directly and 8,866.37 shares indirectly through a 401(k).
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock (Direct) | 42,179 | $0.00 | $0.00 |
| Grant/Award | Common Stock (Direct) | 33,955 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock (Direct) | 27,427 | $11.38 | $312K |
| 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did O-I Glass (OI) report for Darrow A. Abrahams?
Were the O-I Glass (OI) insider transactions open-market buys or sells?
What do the O-I Glass (OI) performance-based RSU footnotes explain?
How do the new O-I Glass (OI) restricted stock units vest over time?
AI-generated analysis. How Rhea-AI works. Not financial advice.