Giorgio Donato 4
Research Summary
AI-generated summary
O-I Glass (OI) SVP Giorgio Donato Receives Award of 22,884 RSUs
What Happened
- Giorgio Donato, Senior Vice President & Chief Supply Officer of O-I Glass, received an award of 22,884 restricted stock units (RSUs) effective March 7, 2026. The units were granted at a $0 acquisition price (typical for RSU grants), so reported cash value on the Form 4 is $0. This is a grant/award (A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-07; Form 4 filed: 2026-03-10 (Accession 0001225208-26-003495).
- Grant: 22,884 RSUs; reported acquisition price: $0.00 (total reported value $0).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date.
- Filing timeliness: filing date is Mar 10, 2026; the form does not indicate a late filing.
Context
- RSUs are restricted stock awards that generally convert to actual shares only as they vest; this grant represents deferred compensation rather than an immediate market purchase. Grants are common for executive incentive pay and do not, by themselves, indicate a buy or sell signal.