Form 4: Director Hari N. Nair Receives O-I Glass Equity Grant
Statement of Changes in Beneficial Ownership
Director Hari N. Nair was granted 18,038 restricted stock units in O-I Glass, Inc. as part of standard director compensation.
Summary
- Director Hari N. Nair acquired 18,038 restricted stock units (RSUs) of O-I Glass, Inc. (OI) on May 14, 2026.
- The grant was issued at a price of $0.00 per share, representing standard equity-based compensation for board members.
- Following this transaction, the reporting person's total direct beneficial ownership in the company increased to 118,103 shares.
- The RSUs are scheduled to vest in full on the date of the company's next Annual Meeting of share owners following the grant date.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation.
Positives
- Alignment of director interests with shareholders through increased equity ownership.
- Standardized compensation structure for board members.
Negatives
- None identified; this is a routine equity grant disclosure.
Risks
- None identified; this is a routine equity grant disclosure.
Future Outlook
The restricted stock units will vest at the next Annual Meeting of share owners.
Industry Context
StockSavvy.ai notes that equity grants to non-employee directors are a standard corporate governance practice in the manufacturing and packaging sector to ensure board alignment with long-term shareholder value.
Comparison to Industry Standards
- The grant of restricted stock units to 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 director equity awards.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Execution of a Power of Attorney authorizing Darrow A. Abrahams and Lisa Lay to file SEC reports on behalf of Hari N. Nair. | 2026-05-13 | Administrative change to facilitate timely regulatory compliance. |
Stakeholder Impact
- Minimal impact on shareholders; reflects standard director compensation.
Next Steps
- Vesting of the 18,038 restricted stock units at the next Annual Meeting of share owners.
Key Dates
| Date | Description |
|---|---|
| 2026-05-13 | Date of Power of Attorney execution. |
| 2026-05-14 | Date of the equity grant transaction. |
| 2026-05-15 | Date of filing with the SEC. |
Keywords
O-I Glass, OI, Director Compensation, Restricted Stock Units, Insider Ownership, SEC Form 4
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.