Form 4: Director David V. Clark II Acquires O-I Glass Shares
Director Equity Grant
Director David V. Clark II was granted 18,038 restricted stock units in O-I Glass, Inc. as part of director compensation.
Summary
- Director David V. Clark II acquired 18,038 shares of O-I Glass, Inc. (OI) common stock.
- The transaction occurred on May 14, 2026.
- The shares were acquired at a price of $0.00 per share as part of a restricted stock unit grant.
- Following this transaction, the director's total beneficial ownership is 58,169 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which is neutral in terms of market impact.
Positives
- Increased alignment between director interests and shareholder value through equity ownership.
Negatives
- None identified.
Risks
- None identified.
Future Outlook
The restricted stock units are scheduled to vest in full on the date of the company's next Annual Meeting of share owners following the grant date.
Industry Context
StockSavvy.ai notes that director equity grants are standard corporate governance practices designed to align board member incentives with long-term shareholder performance in the packaging and manufacturing sector.
Comparison to Industry Standards
- The grant of restricted stock units to non-employee directors is consistent with standard compensation practices for S&P 400/500 companies.
- The vesting schedule tied to the annual meeting is a common industry practice for board compensation.
Stakeholder Impact
- Shareholders benefit from increased director equity alignment.
Next Steps
- Vesting of the 18,038 restricted stock units at the next Annual Meeting of share owners.
Key Dates
| Date | Description |
|---|---|
| 05/14/2026 | Date of the restricted stock unit grant transaction. |
| 05/15/2026 | Date the Form 4 was signed and filed. |
Keywords
O-I Glass, OI, Director Transaction, Form 4, Insider Trading, Equity Compensation
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