ABRAHAMS DARROW A 4
4 · O-I Glass, Inc. /DE/ · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
O-I Glass (OI) SVP Darrow Abrahams Receives Awards; Shares Withheld
What Happened
Darrow Abrahams, SVP, General Counsel & Corporate Secretary of O-I Glass (OI), was granted a total of 76,134 restricted stock units (42,179 + 33,955) on March 7, 2026 (awarded at $0). On the same date, 27,427 shares were disposed of at $11.38 per share (total value $312,119) to satisfy tax withholding obligations related to the vesting.
Key Details
- Transaction date: March 7, 2026; Form 4 filed March 10, 2026.
- Awards: 42,179 RSUs and 33,955 RSUs granted (transaction code A; acquisition at $0).
- Withholding/tax payment: 27,427 shares surrendered/withheld at $11.38 (transaction code F) to cover taxes; proceeds value ≈ $312,119.
- Shares owned after transaction: not reported in the provided summary.
- Footnotes: F1 — RSUs generally vest in three equal annual installments beginning one year after grant. F2 — Certain RSUs for the 2023–2025 cycle were performance-based and the Compensation Committee determined performance was above target, triggering vesting on March 7, 2026.
- Transaction codes: A = Award/Grant; F = Tax withholding (disposition to cover tax liability, not an open‑market sale).
Context
This was primarily a vesting/award event (not a market purchase or voluntary sale). The 27,427-share disposition was a routine tax-withholding step that reduces net new shares received rather than an indicative open-market sale. Awards increase the insider’s equity stake subject to vesting terms and performance conditions noted above.
Insider Transaction Report
- Award
Common Stock (Direct)
[F1]2026-03-07+42,179→ 226,626 total - Award
Common Stock (Direct)
[F2]2026-03-07+33,955→ 260,581 total - Tax Payment
Common Stock (Direct)
2026-03-07$11.38/sh−27,427$312,119→ 233,154 total
- 8,866.37(indirect: By 401(k))
Common Stock (Indirect)
Footnotes (2)
- [F1]The restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date.
- [F2]Certain restricted stock units granted for the 2023-2025 grant period vest in the form of common stock based upon the Issuer's performance against certain performance conditions. On March 7, 2026, the Compensation Committee of the Issuer's Board of Directors determined that the performance conditions had been met above target, resulting in the vesting of these shares.