SCHEDULE: Cooper Creek Partners Discloses 2.6% Stake in O-I Glass

Cooper Creek Partners Management LLC has filed an amended Schedule 13G, reporting a 2.6% beneficial ownership stake in O-I Glass, Inc. common stock as of December 31, 2025.

Summary

• Cooper Creek Partners Management LLC reported beneficial ownership of 4,031,112 shares of O-I Glass, Inc. common stock.
• This stake represents 2.6% of the total class of O-I Glass, Inc. common stock.
• The reporting person, an investment adviser, holds sole voting and sole dispositive power over all 4,031,112 reported shares.
• This filing is an Amendment No. 2 to a Schedule 13G, indicating an update to a previously disclosed ownership position.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of O-I Glass, Inc., other than activities solely in connection with a nomination under Rule 240.14a-11.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal, as a reputable investment adviser has taken a significant stake in O-I Glass, Inc., indicating confidence in the company's value. The potential for engagement regarding board nominations suggests active oversight.

Positives

• An institutional investment adviser, Cooper Creek Partners Management LLC, holds a significant 2.6% stake, indicating professional interest and potential confidence in O-I Glass, Inc.
• The certification states the shares are held in the ordinary course of business, suggesting a long-term investment perspective rather than an immediate activist play for control, though potential engagement regarding board nominations is noted.

Negatives

• The filing itself does not contain negative information regarding O-I Glass, Inc.'s operations or financial performance.

Risks

• The filing does not detail specific operational or financial risks related to O-I Glass, Inc. The only potential 'risk' or area of future engagement mentioned is the possibility of activities solely in connection with a nomination under Rule 240.14a-11, which could imply future shareholder activism regarding board composition.

Future Outlook

The filing does not provide forward-looking statements or guidance regarding O-I Glass, Inc.'s future performance or Cooper Creek Partners Management LLC's investment strategy beyond the certification that shares are held in the ordinary course of business.

Management Comments

• Cooper Creek Partners Management LLC certified that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer, other than activities solely in connection with a nomination under Rule 240.14a-11.

Industry Context

StockSavvy.ai notes that institutional investors like Cooper Creek Partners Management LLC often take stakes in companies they believe are undervalued or have strong long-term potential. A 2.6% stake, while not a controlling interest, represents a notable position for an investment adviser in the glass packaging industry, which is subject to trends in sustainability, consumer preferences, and global supply chains. The certification regarding potential nominations under Rule 240.14a-11 suggests a readiness for shareholder engagement, which is a common practice among active institutional investors seeking to enhance shareholder value.

Comparison to Industry Standards

• StockSavvy.ai observes that institutional ownership levels vary significantly across industries and company sizes. For a company like O-I Glass, Inc., a global leader in glass packaging, a 2.6% stake by an investment adviser is a standard level of institutional interest.
• While not a controlling stake, it indicates a professional investor's belief in the company's prospects. Comparable companies in the packaging sector, such as Ardagh Group S.A. or Crown Holdings, Inc., also typically see substantial institutional ownership, reflecting the mature and capital-intensive nature of the industry.
• The specific details of Cooper Creek's investment strategy are not disclosed, making direct comparisons of investment thesis difficult without further information.

Corporate Governance

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional stake may instill confidence and potentially attract further institutional interest. The possibility of nominations under Rule 240.14a-11 could lead to enhanced corporate governance or strategic discussions.
• Management: Awareness of a significant institutional holder, especially one noting potential for board nominations, could influence management's strategic decisions and accountability.

Next Steps

• The filing does not explicitly state future actions or milestones for O-I Glass, Inc. or Cooper Creek Partners Management LLC, beyond the ongoing holding of shares and potential activities related to nominations under Rule 240.14a-11.

Key Dates

Recommendation

A seasoned investor would view this filing as an indication of institutional interest in O-I Glass, Inc. by Cooper Creek Partners Management LLC. While the 2.6% stake is notable and the certification regarding potential board nominations under Rule 240.14a-11 suggests a potential for active engagement, the filing itself does not provide new financial or operational data to warrant a change in fundamental investment thesis. Therefore, a 'hold' recommendation is appropriate, acknowledging the positive signal of institutional confidence while awaiting further operational or strategic updates from O-I Glass, Inc.

Keywords

O-I Glass, Cooper Creek Partners, Schedule 13G, Beneficial Ownership, Common Stock, Investment Adviser, Institutional Investor, SEC Filing, O-I Glass Stock