O-I Glass (OI) director adds 1,905 phantom stock units in new filing

Rhea-AI Filing Summary

O-I Glass, Inc. (OI) director reports phantom stock grant. A company director filed a statement of beneficial ownership reporting the acquisition of 1,905.4878 phantom stock units on 01/02/2026. Each phantom stock unit is economically equivalent to one share of O-I Glass common stock and becomes payable in cash, at the director’s election, after the director separates from service on the board. Following this transaction, the director holds a total of 4,451.3619 derivative securities directly, reflecting deferred, cash-settled equity-linked compensation rather than immediate ownership of common shares.

SEC Form 4

FORM 4

UNITED 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^*

Garza y Garza Eugenio

(Last) (First) (Middle)

ONE MICHAEL OWENS WAY

(Street)

PERRYSBURG OH 43551

(City) (State) (Zip)

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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock	(1)	01/02/2026		A		1,905.4878		(1)	(1)	Common Stock (Direct)	1,905.4878	$0.0000	4,451.3619	D

Explanation of Responses:

1. Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash, at the election of the reporting person, following the reporting person's separation from service as a director of the Issuer.

	/s/ Darrow A. Abrahams, attorney-in-fact	01/06/2026
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction did O-I Glass (OI) disclose in this Form 4?

A director of O-I Glass, Inc. reported acquiring 1,905.4878 shares of phantom stock on 01/02/2026, recorded as a derivative security position.

What is the total phantom stock beneficially owned by the O-I Glass (OI) director after this transaction?

After the reported transaction, the director beneficially owns 4,451.3619 derivative securities representing phantom stock units, held in a direct capacity.

What does phantom stock mean for O-I Glass (OI) directors?

Each share of phantom stock is the economic equivalent of one share of O-I Glass common stock, but it is settled in cash rather than actual shares.

When will the O-I Glass (OI) director receive payment for the phantom stock?

The phantom stock becomes payable in cash, at the reporting person’s election, after the director’s separation from service as a director of O-I Glass.

Is this O-I Glass (OI) insider transaction a direct or indirect holding?

The Form 4 indicates the ownership form is Direct (D), meaning the phantom stock units are directly attributed to the reporting director.

What was the price associated with the phantom stock grant at O-I Glass (OI)?

The phantom stock units in this grant are listed with a price of $0.0000, consistent with a non-cash equity compensation award.