4//SEC Filing
Morrissey Joseph T. Jr. 4
Accession 0001859805-25-000004
CIK 0001821825other
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 5:33 PM ET
Size
23.0 KB
Accession
0001859805-25-000004
Insider Transaction Report
Form 4
Morrissey Joseph T. Jr.
Interim CEO
Transactions
- Exercise/Conversion
Common Stock
2025-03-31+7,795→ 72,728.855 total - Tax Payment
Common Stock
2025-03-31$14.51/sh−3,391$49,203→ 69,337.855 total - Exercise/Conversion
Common Stock
2025-03-31+3,937→ 73,274.855 total - Tax Payment
Common Stock
2025-03-31$14.51/sh−1,713$24,856→ 71,561.855 total - Award
Restricted Stock Units
2025-03-31+50,369→ 50,369 total→ Common Stock (50,369 underlying) - Exercise/Conversion
Common Stock
2025-03-31+9,751→ 69,174.855 total - Tax Payment
Common Stock
2025-03-31$14.51/sh−4,241$61,537→ 64,933.855 total - Exercise/Conversion
Restricted Stock Units
2025-03-31−9,751→ 19,504 total→ Common Stock (9,751 underlying) - Exercise/Conversion
Restricted Stock Units
2025-03-31−7,795→ 7,795 total→ Common Stock (7,795 underlying) - Exercise/Conversion
Restricted Stock Units
2025-03-31−3,937→ 0 total→ Common Stock (3,937 underlying) - Award
Stock Option (right to buy)
2025-03-31+247,524→ 247,524 totalExercise: $14.89→ Common Stock (247,524 underlying)
Footnotes (7)
- [F1]This price is the closing market price of Organon & Co. ("Organon") common stock on Friday, March 28, 2025, as required by the plan under which the Restricted Stock Units ("RSU") were awarded.
- [F2]The Reporting Person was granted stock options, which vest and become exercisable in three equal installments on March 31, 2026, March 31, 2027, and March 31, 2028.
- [F3]Each RSU converts into one share of Organon common stock.
- [F4]The Reporting Person was granted RSUs, which represent a contingent right to receive one share of Organon common stock for each RSU. On March 31, 2025, RSUs were granted and will vest in three equal installments on each of March 31, 2026, March 31, 2027, and March 31, 2028.
- [F5]On March 29, 2024, RSUs were granted and on March 29, 2025, one-third of these RSUs vested, with the remaining RSUs to vest on March 29, 2026, and March 29, 2027. Since the first anniversary of the date of grant was on Saturday, March 29, 2025, the vesting occurred on Monday, March 31, 2025, the next business day.
- [F6]On March 31, 2023, RSUs were awarded and on March 31, 2025, one-third of these RSUs vested with the remaining RSUs to vest on March 31, 2026.
- [F7]On March 31, 2022, RSUs were awarded and on March 31, 2025, the final third of these RSUs vested.
Documents
Issuer
Organon & Co.
CIK 0001821825
Entity typeother
Related Parties
1- filerCIK 0001859805
Filing Metadata
- Form type
- 4
- Filed
- Apr 1, 8:00 PM ET
- Accepted
- Apr 2, 5:33 PM ET
- Size
- 23.0 KB