Mackay Iain James 4
Research Summary
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O-I Glass Director Iain Mackay Receives 18,038 RSUs
What Happened Iain Mackay, a director of O-I Glass, received an award of 18,038 restricted stock units (RSUs) on 2026-05-14. The grant is recorded at $0.00 per share (total reported acquisition value $0) and is reported as an award/grant (code A). This is a compensation award rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-14; Form 4 filed 2026-05-15 (timely filing).
- Transaction type: Award/Grant (A) — 18,038 RSUs acquired at $0.00 per unit.
- Shares owned after transaction: not disclosed in the provided filing.
- Footnote: The RSUs vest in full on the date of the company's next Annual Meeting of share owners at which directors are elected following the date of grant (per footnote F1).
- Remarks: Exhibit 24 — Power of Attorney included with filing.
Context
- RSUs are a form of equity compensation that convert to actual shares only upon vesting; they are not an immediate purchase or sale and do not directly signal a buy or sell decision.
- Director RSU grants are commonly part of routine compensation for board service. This filing documents the grant; it does not show any subsequent sale or transfer of the resulting shares.