O-I Glass (NYSE: OI) director awarded 18,038 RSU shares, 3,514 withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
O-I Glass director Eugenio Garza y Garza reported routine equity compensation and related tax withholding. On May 14, 2026, he received a grant of 18,038 shares of common stock at no cost, in the form of restricted stock units that vest in full at the company’s next Annual Meeting of share owners where directors are elected. On May 13, 2026, 3,514 shares were withheld at $8.78 per share to satisfy tax obligations, leaving 8,199 shares directly held. After the new grant, his direct holdings increased to 26,237 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Garza y Garza Eugenio
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock (Direct) | 18,038 | $0.00 | -- |
| Tax Withholding | Common Stock (Direct) | 3,514 | $8.78 | $31K |
Holdings After Transaction:
Common Stock (Direct) — 26,237 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant: 18,038 shares
Grant price: $0.00 per share
Tax withholding shares: 3,514 shares
+3 more
6 metrics
RSU grant
18,038 shares
Common Stock award on May 14, 2026
Grant price
$0.00 per share
Equity grant with no cash paid by director
Tax withholding shares
3,514 shares
Withheld on May 13, 2026 to satisfy tax liability
Withholding price
$8.78 per share
Value used for tax-liability share withholding
Shares after grant
26,237 shares
Total common stock directly held following RSU grant
Shares after withholding
8,199 shares
Direct holdings after 3,514-share tax withholding
Key Terms
restricted stock units, tax liability, non-derivative, Annual Meeting of share owners, +1 more
5 terms
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.
tax liability financial
"Payment of exercise price or tax liability by delivering securities"
non-derivative financial
"transaction_type": "non-derivative""
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transactions did OI director Eugenio Garza y Garza report on this Form 4?
The Form 4 shows a grant of 18,038 O-I Glass common shares as restricted stock units and a separate withholding of 3,514 shares to cover tax obligations, both affecting his direct ownership position.
When do Eugenio Garza y Garza’s new OI restricted stock units 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, aligning the director’s equity compensation with the upcoming annual election cycle.