O-I Glass SVP receives stock awards, shares withheld
O-I Glass, Inc. SVP James Edward Dalton reported equity compensation and related tax withholding transactions.
Rhea-AI Filing Summary
O-I Glass, Inc. SVP James Edward Dalton reported equity compensation and related tax withholding transactions. He received 22,847 shares of common stock and an additional 10,804 shares as stock awards at no cash cost to him.
To cover tax obligations on these awards, 10,232 shares were withheld at a price of $11.38 per share. Following these transactions, Dalton holds 90,840 shares of O-I Glass common stock directly and 9,384.07 shares indirectly through a 401(k) plan.
Footnotes explain that one grant consists of restricted stock units vesting in three equal annual installments, and that certain performance-based restricted stock units for the 2023-2025 period vested above target after the compensation committee confirmed performance conditions were met.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock (Direct) | 22,847 | $0.00 | $0.00 |
| Grant/Award | Common Stock (Direct) | 10,804 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock (Direct) | 10,232 | $11.38 | $116K |
| 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
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What did O-I Glass (OI) insider James Edward Dalton report on this Form 4?
What type of equity awards did O-I Glass grant to James Edward Dalton?
What performance conditions affected James Edward Dalton’s O-I Glass stock vesting?
Does this O-I Glass Form 4 show any open-market stock purchases or sales by James Edward Dalton?
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