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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 1,905.4878 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
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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.