Weaver Kirke 4
4 · Organon & Co. · Filed Mar 31, 2026
Research Summary
AI-generated summary of this filing
Organon (OGN) GC Weaver Kirke Receives 7,757 Shares (RSU Vest)
What Happened
Weaver Kirke, General Counsel and Corporate Secretary of Organon & Co., had 7,757 restricted stock units (RSUs) convert into common shares on March 29, 2026. There was no exercise price for the conversion (RSUs convert 1:1 to shares). To cover tax withholding arising from the vesting, 2,210 of those shares were surrendered/withheld at a reported price of $5.84 per share, producing $12,906 in tax withholding proceeds. The filing shows the RSU awards were converted (derivative code M) and a withholding disposition (code F) occurred.
Key Details
- Transaction date: March 29, 2026 (Form 4 filed March 31, 2026) — appears timely.
- Vesting/conversion: 7,757 RSUs converted to 7,757 shares (code M), $0 exercise price.
- Tax withholding/disposition: 2,210 shares withheld/disposed at $5.84 each = $12,906 (code F).
- Shares owned after transaction: not specified in this filing.
- Footnotes: F1 — $5.84 = Organon closing price on 3/27/2026 used for withholding; F2 — each RSU = one share; F3 — these RSUs vest in three equal annual installments (Mar 29, 2025; Mar 29, 2026; Mar 29, 2027).
- Transaction codes: M = exercise/conversion of derivative (RSU conversion); F = shares withheld/surrendered for tax obligations.
Context
This was an RSU vesting event (award conversion), not an open-market purchase or a discretionary sale by the officer. Withholding or surrender of shares to cover taxes is routine for vested equity awards and does not necessarily signal buying or selling intent. The filing reflects conversion of deferred compensation into shares and routine tax-related disposition.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-03-29+7,757→ 81,611.163 total - Tax Payment
Common Stock
[F1]2026-03-29$5.84/sh−2,210$12,906→ 79,401.163 total - Exercise/Conversion
Restricted Stock Units
[F2][F3]2026-03-29−7,757→ 7,757 total→ Common Stock (7,757 underlying)
Footnotes (3)
- [F1]This price is the closing market price of Organon & Co. ("Organon") common stock on Friday, March 27, 2026, as required by the plan under which the Restricted Stock Units ("RSU") were awarded.
- [F2]Each RSU represents a contingent right to receive one share of Organon common stock.
- [F3]These RSUs vest and are distributed as shares of Organon common stock in three equal installments on March 29, 2025, March 29, 2026, and March 29, 2027.