DALTON JAMES EDWARD 4
Research Summary
AI-generated summary
O-I Glass (OI) SVP James Dalton Receives RSUs; Shares Withheld
What Happened
- James Edward Dalton, SVP and Chief HR & Technology Officer at O-I Glass (OI), was granted a total of 33,651 restricted stock units (RSUs) on March 7, 2026 — 22,847 RSUs and 10,804 RSUs (both recorded as awards at $0.00). On the same date, 10,232 shares were surrendered/withheld at $11.38 per share to satisfy tax withholding obligations, equal to approximately $116,440. The awards are reported as acquisitions (code A) and the withholding as a tax payment (code F).
Key Details
- Transaction date: March 7, 2026. Filing date (Form 4): March 10, 2026.
- Grants: 22,847 RSUs and 10,804 RSUs (awarded at $0.00).
- Tax withholding: 10,232 shares withheld/disposed at $11.38 each → ~$116,440.
- Shares owned after transaction: Not disclosed in the information provided.
- Footnotes:
- F1: Some RSUs vest in three equal annual installments beginning on the first anniversary of the grant date.
- F2: Certain RSUs covering the 2023–2025 grant period were performance-based; the Compensation Committee determined performance exceeded target, triggering vesting on March 7, 2026.
- Filing timeliness: Form filed March 10, 2026; no late-filing flag was provided in the materials supplied.
Context
- These transactions reflect award vesting and routine tax withholding — the 10,232-share disposition was to satisfy tax obligations (code F), not an open-market sale. Performance-based RSUs vested per the board committee’s determination; other RSUs may vest over time per the stated schedule.