BURNS RANDOLPH L 4

What Happened Randolph L. Burns, SVP and Chief Administrative & Sustainability Officer of O-I Glass (OI), had restricted stock units (RSUs) vest on March 7, 2026. Two award entries show 24,605 and 12,192 shares granted/vested (total 36,797 RSUs) at $0.00. To satisfy tax withholding, 11,324 of those vested shares were withheld/disposed at $11.38 each, totaling $128,867.

Key Details

• Transaction date: March 7, 2026; Form 4 filed March 10, 2026 (appears timely).
• Awards: 24,605 RSUs and 12,192 RSUs vested (codes A — award/acquisition), both recorded at $0.00.
• Tax withholding: 11,324 shares withheld/disposed at $11.38 per share for $128,867 (code F).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: F1 — RSUs generally vest in three equal annual installments beginning on the first anniversary of the grant. F2 — Certain RSUs for the 2023–2025 grant period were performance-based; the Compensation Committee determined performance was above target, causing these shares to vest on March 7, 2026.
• Transaction codes: A = Award/Grant, F = Payment of tax liability via share withholding.

Context This was a vesting of restricted stock units and a tax-withholding event, not an open-market purchase or sale. Withholding of shares to cover taxes is routine and does not necessarily indicate insider sentiment about the stock. The filing does not indicate 10% owner status.