Restrepo Eduardo 4

What Happened

• Eduardo Restrepo, Senior Vice President, Business Operations Americas at O-I Glass (OI), received two grants of restricted stock units (RSUs) on March 7, 2026: 18,453 RSUs and 13,118 RSUs (total 31,571 RSUs) at $0.00 per share.
• To satisfy tax withholding obligations, 9,816 shares were withheld/disposed at a price of $11.38 each, totaling $111,706. Net shares delivered to Restrepo after withholding: 21,755 RSUs.
• This was an award/grant transaction (code A) with a related tax-withholding disposition (code F) — not an open-market sale.

Key Details

• Transaction date: March 7, 2026. Filing date: March 10, 2026 (report covers the Mar 7 transactions).
• Grant amounts: 18,453 RSUs and 13,118 RSUs; Withholding/Disposition: 9,816 shares @ $11.38 = $111,706.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — some RSUs vest in three equal annual installments beginning on the first anniversary of the grant. F2 — certain RSUs (2023–2025 grant period) were performance-based; the Compensation Committee determined performance was above target, causing vesting on Mar 7, 2026.
• Transaction codes: A = award/grant; F = payment of exercise price or tax liability (share withholding used to cover taxes).

Context

• These were RSU awards, not open-market purchases or sales; the 9,816-share disposal was a tax withholding/cashless settlement, a routine administrative step that doesn’t necessarily signal a change in insider sentiment.
• One tranche appears performance-based and vested upon the Compensation Committee’s determination; others vest over time per the three-year schedule noted in the filing.