Form 4: O-I Glass Director Catherine I. Slater Acquires Shares
SEC Form 4 Filing
Director Catherine I. Slater acquired 10,933 shares of O-I Glass, Inc. common stock on May 16, 2024.
Summary
- Catherine I. Slater, a director of O-I Glass, Inc., reported a transaction on May 16, 2024.
- She acquired 10,933 shares of common stock at a price of $0.00 per share.
- Following the transaction, Slater directly owns 55,731 shares of O-I Glass, Inc.
- The restricted stock units vest in full on the date of the Company's next Annual Meeting of share owners at which directors are elected following the date of grant.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard disclosure of a transaction. The acquisition itself could be seen as slightly positive, but the filing is simply a procedural requirement.
Positives
- A director's acquisition of shares can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders.
Stakeholder Impact
- The acquisition of shares by a director could potentially increase investor confidence.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | Date of transaction: Catherine I. Slater acquired shares of O-I Glass, Inc. |
| 05/17/2024 | Date of signature on the Form 4 filing. |
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