ABRAHAMS DARROW A 4
Research Summary
AI-generated summary
O-I Glass (OI) SVP Darrow A. Abrahams Buys 2,774 Shares
What Happened
Darrow A. Abrahams, SVP, General Counsel & Corporate Secretary of O-I Glass, purchased 2,774 shares of O-I Glass common stock in an open-market transaction on May 11, 2026. The filing reports a weighted average purchase price of $9.04 per share, for a total cost of $25,072. This was a straight purchase (transaction code P), i.e., an acquisition rather than a sale.
Key Details
- Transaction date: May 11, 2026; Form 4 filed May 12, 2026 (timely filing).
- Price reported: weighted average $9.04; underlying trade prices ranged from $9.035 to $9.050 (per footnote).
- Shares purchased: 2,774; total value ≈ $25,072.
- Shares owned after transaction: not specified in the excerpt provided.
- Footnote: the reported price is a weighted average; the filer will provide a breakdown of the number of shares at each price upon request.
Context
This was an open-market purchase by a company officer. Purchases are often viewed by investors as a potentially informative signal, but the filing itself gives no explanation of motive. No options were exercised, no awards or gifts were involved, and there is no indication of a late filing.