O-I Glass SVP buys 11,000 shares in open market
O-I Glass senior executive Randolph L. Burns purchased 11,000 shares of common stock in an open-market transaction.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
O-I Glass senior executive Randolph L. Burns purchased 11,000 shares of common stock in an open-market transaction. The shares were bought at a weighted average price of about $9.3152 per share, with individual trade prices ranging from $9.30 to $9.32.
Following this purchase, Burns directly owns 133,932 shares of O-I Glass common stock. He also indirectly holds 3,999.27 shares through a 401(k) plan, reflecting additional retirement-related exposure to the company’s stock.
Insider Trade Summary
Net Buyer: 11,000 shares
Net Buy
1 txn
Insider
BURNS RANDOLPH L
Role
SVP, Chief Admin & Sus Officer
Bought
11,000 shs ($102K)
Increase in Position
8.9%
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock (Direct) | 11,000 | $9.3152 | $102K |
| Holding | Common Stock (Indirect) | -- | -- | -- |
Holdings After Transaction:
Common Stock (Direct) — 133,932 shares (Direct);
Common Stock (Indirect) — 3,999.27 shares (Indirect, By 401k)
Holdings Before and After:
Common Stock (Direct), 122,932 to 133,932 shares (Direct)
Other Insiders: 2 other insiders reported open-market purchases of this stock in the 30 days up to this filing.
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.30 to $9.32, inclusive. The reporting person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within the ranges set forth in this footnote.
Key Figures
Shares purchased: 11,000 shares
Weighted average price: $9.3152 per share
Direct holdings after transaction: 133,932 shares
+1 more
4 metrics
Shares purchased
11,000 shares
Open-market purchase on May 8, 2026
Weighted average price
$9.3152 per share
Common stock purchase range $9.30–$9.32
Direct holdings after transaction
133,932 shares
Common stock directly owned after purchase
Indirect 401(k) holdings
3,999.27 shares
Common stock held indirectly by 401(k) plan
Key Terms
open-market purchase, weighted average price, 401k, Form 4
4 terms
open-market purchase financial
"Purchase in open market or private transaction"
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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
401k financial
"Common Stock (Indirect) ... nature_of_ownership: 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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did O-I Glass (OI) report for Randolph L. Burns?
O-I Glass reported that Randolph L. Burns bought 11,000 shares of common stock. The transaction was an open-market purchase on May 8, 2026, increasing his direct holdings to 133,932 shares, plus additional indirect holdings through a 401(k) plan.
Was the O-I Glass (OI) insider transaction a purchase or a sale?
The Form 4 shows an open-market purchase of O-I Glass common stock. Randolph L. Burns bought 11,000 shares coded as a “P” transaction, indicating a buy rather than a sale, with no corresponding sale transactions reported in this filing.
What does the weighted average price in the O-I Glass (OI) Form 4 mean?
The weighted average price of $9.3152 reflects multiple trades combined into one figure. Individual purchases occurred between $9.30 and $9.32 per share, and the insider has committed to provide exact trade-by-trade prices to the company, shareholders, or SEC staff upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.
