Form 4: O-I Glass SVP Randolph L. Burns Acquires 13,000 Shares

Randolph L. Burns, SVP, Chief Admin & Sus Officer of O-I Glass, Inc., purchased 13,000 shares of common stock at an average price of $11.3802 on November 4, 2024.

Summary

• On November 4, 2024, Randolph L. Burns, a Senior Vice President at O-I Glass, Inc., acquired 13,000 shares of the company's common stock.
• The shares were purchased at a weighted average price of $11.3802.
• The price range for individual transactions was between $11.34 and $11.41.
• Following the transaction, Burns directly owns 70,817 shares and indirectly owns 1,681.571 shares through a 401k.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard insider transaction. The purchase itself is slightly positive, but the form is simply a disclosure.

Positives

• The purchase of shares by a company executive can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Insider transactions are closely monitored as they can provide insights into a company's performance and future expectations. This purchase by an executive at O-I Glass is a routine disclosure.

Stakeholder Impact

• The stock purchase by an executive could have a minor positive impact on shareholder sentiment.

Key Dates