Form 4: O-I Glass Director Samuel R. Chapin Reports Acquisition of 11,713 Shares
SEC Form 4 Filing
Director Samuel R. Chapin reports acquiring 11,713 shares of O-I Glass, Inc. common stock on May 15, 2025.
Summary
- On May 15, 2025, Samuel R. Chapin, a director of O-I Glass, Inc., acquired 11,713 shares of common stock.
- The acquisition was direct and the price per share was $0.00.
- Following the transaction, Chapin directly owns 67,444 shares of O-I Glass, Inc. common stock.
- The acquired securities are restricted stock units that vest fully 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: 6
Explanation: The sentiment is neutral. It's a standard Form 4 filing indicating a director's acquisition of shares, which can be seen as a slightly positive sign, but it's not overwhelmingly impactful.
Positives
- A director's increased stake in the company can be seen as a positive signal.
Future Outlook
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.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.
Stakeholder Impact
- The acquisition of shares by a director could be viewed positively by shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of transaction: Samuel R. Chapin acquired 11,713 shares of O-I Glass, Inc. common stock. |
| 05/19/2025 | Date of report filing. |
Keywords
O-I Glass, Samuel R. Chapin, Director, Stock Acquisition, Form 4, Beneficial Ownership, Common Stock, Restricted Stock Units
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