Garza y Garza Eugenio 4

What Happened
Director Eugenio Garza y Garza received a grant of 3,180.166 phantom stock units from O‑I Glass on 2026-07-01. The Form 4 reports these as a derivative award (transaction code A) at $0.00 per unit, so no cash payment or stock transfer occurred at grant.

Key Details

• Transaction date: 2026-07-01; transaction type: Award/Grant (code A).
• Amount: 3,180.166 phantom stock units; reported price per unit: $0.00; reported total value: $0 (derivative).
• Shares owned after transaction: Not specified in this filing.
• Footnote (F1): Each phantom share equals the economic value of one common share and becomes payable in cash at the reporting person's election following separation from service as a director.
• Filing timeliness: Reported/Filed on 2026-07-01; no late filing indicated.

Context
Phantom stock is a cash‑settled, derivative form of compensation — it tracks the economic value of common shares but does not transfer actual shares to the director until settlement. This award is a compensation grant to a director, not an open‑market purchase or sale, and therefore does not directly signal immediate buying or selling interest in the stock.