Hardie Gordon 4
Research Summary
AI-generated summary
O-I Glass CEO Hardie Gordon Receives RSU Award
What Happened
- Hardie Gordon, President & CEO (and Director) of O-I Glass, was granted 282,074 restricted stock units (RSUs) on 2026-03-07. The grant is reported at $0.00 per share (typical for RSUs).
- To satisfy tax withholding on the grant, 52,274 shares were withheld/disposed at $11.38 per share, yielding $594,878. This withholding is reported under code F (payment of exercise price or tax liability).
Key Details
- Transaction date: 2026-03-07; filing date (Form 4): 2026-03-10.
- Grant: 282,074 RSUs (reported at $0.00 per share).
- Tax withholding: 52,274 shares withheld at $11.38 = $594,878 (code F).
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Footnote: RSUs vest in three equal annual installments beginning on the first anniversary of the grant date.
- No indication in the provided data that the filing was late.
Context
- This was a compensation grant (award), not an open-market purchase or sale; such grants are routine corporate compensation and do not by themselves signal insider buying intent.
- The withheld shares were used to pay the tax obligation arising from the RSU grant (a common practice known as tax withholding or net settlement).