Stahler Rachel A 4

What Happened
Rachel A. Stahler, Chief Information Officer of Organon & Co. (OGN), had 8,200 restricted stock units (RSUs convert/vest to common shares) settled on March 29, 2026. The filing shows the RSUs converted to 8,200 shares (exercise/conversion code M, $0.00 exercise price). To satisfy tax withholding obligations (code F), 2,809 of those shares were withheld/disposed at an assigned price of $5.84 per share, totaling $16,405.

Key Details

• Transaction date: March 29, 2026; Form 4 filed March 31, 2026 (timely filing).
• Conversion: 8,200 RSUs converted to 8,200 shares (exercise/conversion code M) at $0.00 exercise price.
• Withholding: 2,809 shares withheld for taxes (code F) at $5.84/share = $16,405 (price based on Organon closing price 3/27/2026 per plan).
• Footnotes: F2 confirms each RSU = one share; F3 notes RSUs vest in three equal installments on 3/29/2025, 3/29/2026, and 3/29/2027.
• Shares owned after the transaction: not specified in the provided filing.

Context
This was a routine RSU vesting and tax-withholding event, not an open-market sale or purchase. The underlying RSUs carried no exercise price, and the withholding of shares to cover taxes is common and does not necessarily signal the insider’s view of the stock. Transaction codes: M = exercise/conversion of derivative (RSU conversion here), F = shares withheld to satisfy tax obligations.