Cooper Creek discloses 5.5% passive ownership in O-I Glass (OI) common stock
Rhea-AI Filing Summary
Cooper Creek Partners Management LLC reported a significant passive ownership stake in O-I Glass, Inc. common stock. The firm beneficially owns 8,521,717 shares of O-I Glass, representing 5.5% of the class as of the reporting date.
Cooper Creek has sole voting power and sole dispositive power over all 8,521,717 shares, with no shared voting or dispositive authority. The filing states that the securities were not acquired and are not held for the purpose of changing or influencing control of O-I Glass, and are not part of any control-related transaction, other than activities solely in connection with a nomination under Item 11.
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 8,521,717 shares
Percent of class: 5.5%
Sole voting power: 8,521,717 shares
+3 more
6 metrics
Shares beneficially owned
8,521,717 shares
Amount beneficially owned by Cooper Creek Partners Management LLC
Percent of class
5.5%
Percentage of O-I Glass common stock class owned by Cooper Creek
Sole voting power
8,521,717 shares
Shares over which Cooper Creek has sole power to vote
Shared voting power
0
Shares over which Cooper Creek has shared voting power
Sole dispositive power
8,521,717 shares
Shares over which Cooper Creek has sole dispositive power
CUSIP
67098H104
CUSIP for O-I Glass, Inc. common stock
Key Terms
beneficially owned, Sole voting power, Sole dispositive power, Schedule 13D, +1 more
5 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 8,521,717"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole voting power financial
"5 | Sole Voting Power 8,521,717.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole dispositive power financial
"7 | Sole Dispositive Power 8,521,717.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13D regulatory
"information that would otherwise be disclosed in a Schedule 13D"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
Percent of class financial
"Item 4. | Ownership (b) | Percent of class: 5.5%"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
FAQ
What stake in O-I (OI) does Cooper Creek Partners report on this Schedule 13G?
Cooper Creek Partners Management LLC reports beneficial ownership of 8,521,717 shares of O-I Glass common stock, representing 5.5% of the class. This crosses the 5% threshold that requires a Schedule 13G ownership filing.
Is Cooper Creek’s O-I (OI) investment intended to influence control of the company?
The filer certifies the O-I Glass shares were not acquired and are not held for the purpose or effect of changing or influencing control of the issuer, other than activities solely in connection with a nomination under Item 11.
What class of O-I (OI) securities is covered by Cooper Creek’s 13G filing?
The filing covers common stock of O-I Glass, Inc. It identifies the class specifically as common stock and references the related CUSIP 67098H104 for that security.
Where is Cooper Creek Partners, the O-I (OI) 13G filer, based?
Cooper Creek Partners Management LLC lists its principal business office at 501 Madison Avenue, Suite 302, New York, NY 10022. The filer’s citizenship is identified as USA and organized in Delaware.
AI-generated analysis. How Rhea-AI works. Not financial advice.