Quinones Carlos 4

What Happened

• Carlos Quinones, Senior Vice President, Global Operations of Orion S.A. (OEC), was granted 23,018 restricted stock units (RSUs) on April 29, 2026. The award was recorded at $0.00 cash paid on the Form 4 (an award/grant acquisition), so there was no immediate cash transaction or sale.

Key Details

• Transaction date: April 29, 2026; Filing date: May 01, 2026 (filed promptly).
• Transaction type: Award/Grant (Form 4 code A).
• Shares/units granted: 23,018 RSUs; reported acquisition price $0.00 (standard for RSU grants).
• Vesting: RSUs vest ratably on January 1 for calendar years 2027, 2028 and 2029 (Footnote F1).
• Shares owned after transaction: not specified in the provided filing excerpt.
• No 10b5-1 plan, tax-withholding, or late-filing flags noted in the provided data.

Context

• RSUs are a form of equity compensation that convert to actual shares only as they vest; they are not an immediate open-market purchase and typically reflect compensation rather than a direct market sentiment trade. This award increases potential future ownership if and when the RSUs vest.