Haudrich John 4
Research Summary
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O-I Glass CFO John Haudrich Receives Awards, Sells 46,418 Shares
What Happened John Haudrich, Chief Financial Officer of O-I Glass (OI), received two restricted stock unit (RSU) awards that vested on March 7, 2026 (70,299 and 58,649 shares, total 128,948 shares, reported as acquisitions at $0.00). To satisfy tax withholding on the vesting, 46,418 shares were disposed on March 7, 2026 at $11.38 per share for proceeds of $528,237. After the withholding sale, Haudrich received a net ~82,530 shares (128,948 granted − 46,418 withheld).
Key Details
- Transaction date: March 7, 2026; Form 4 filed March 10, 2026.
- Awards reported as acquisitions (code A): 70,299 and 58,649 RSUs at $0.00.
- Sale for tax withholding (code F): 46,418 shares at $11.38, proceeds $528,237.
- Implied gross value of the vested shares at $11.38/share ≈ $1.47 million.
- Shares owned after the transaction: not disclosed in the filing.
- Footnotes: F1 — RSUs generally vest in three equal annual installments beginning on the first anniversary of the grant date. F2 — Certain RSUs for the 2023–2025 grant period were performance-based; the Compensation Committee determined performance was above target, triggering vesting on March 7, 2026.
- Filing timeliness: Form shows filing date; the report does not indicate a tardy filing flag.
Context These entries reflect standard compensation vesting and routine withholding rather than an open-market purchase or sale for investment purposes. The acquisition entries are RSU vesting (awarded shares), and the disposition is a common cashless-like withholding to cover taxes. Such withholding sales are administrative and do not, by themselves, signal trading intent.