Form 4: O-I Glass Executive Restrepo Acquires and Disposes of Shares in Recent Transaction

Eduardo Restrepo, SVP of Business Operations Americas at O-I Glass, reports acquisition and disposal of company stock on March 7, 2025, affecting his beneficial ownership.

Summary

• On March 7, 2025, Eduardo Restrepo, SVP of Business Operations Americas at O-I Glass, engaged in transactions involving the company's common stock.
• Restrepo acquired 20,101 shares of common stock related to the vesting of restricted stock units from the 2022-2024 grant period, valued at $0.00 per share.
• These restricted stock units vested because the Compensation Committee determined that strategic objective goals had been met above target.
• Additionally, Restrepo acquired 16,088 shares of common stock related to restricted stock units vesting in three equal annual installments, also valued at $0.00 per share.
• Restrepo disposed of 11,901 shares at a price of $11.6 per share.
• Following these transactions, Restrepo directly owns 69,135 shares of common stock and indirectly owns 33,643.05 shares through a 401k.
• The transactions were reported on Form 4, filed with the SEC on March 11, 2025.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document primarily reports stock transactions by an executive, which is a routine occurrence. The vesting of restricted stock units due to meeting strategic goals is a slightly positive indicator.

Positives

• The vesting of restricted stock units indicates that O-I Glass met its strategic objective goals above target, which is a positive sign for the company's performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The stock transactions may have a minor impact on shareholders, potentially influencing the stock price in the short term.

Key Dates