Painter Corning F. 4

What Happened Corning F. Painter, CEO of Orion S.A. (OEC), received an award of 220,849 restricted stock units (RSUs) on April 29, 2026. The Form 4 lists the acquisition price as $0.00 (this reflects an equity award/compensation grant rather than a cash purchase). No shares were sold or purchased in the open market in this filing.

Key Details

• Transaction date: 2026-04-29; reported on Form 4 filed 2026-05-01 (timely filing).
• Grant details: 220,849 RSUs; reported acquisition price $0.00 (award/grant, code A).
• Vesting: RSUs vest ratably on January 1 of 2027, 2028 and 2029 (per footnote).
• Shares owned after transaction: Not provided in the supplied filing excerpt.
• Footnote: F1 describes the RSU grant and the three-year vesting schedule.
• No 10b5-1 plan, tax withholding, or immediate sale noted in this filing.

Context RSUs are a form of equity compensation that convert to shares upon vesting; they do not require cash outlay by the insider at grant. Because these are compensation awards (not open-market purchases), they reflect company pay practices rather than a direct buy/sell signal. At vesting the RSUs typically convert to shares and may be subject to tax withholding (which can result in surrender of some shares).