Form 4: ODP Director Converts RSUs Post-Merger

ODP Corp Director Amy L. Schioldager converted 14,693 restricted stock units into cash at $28.00 per share following the company's merger with ACR Ocean Resources LLC.

Summary

• Amy L. Schioldager, a Director of ODP Corp, reported a transaction involving her equity holdings.
• The transaction occurred on December 10, 2025, as a direct result of the merger between ODP Corporation and Vail Holdings 1, Inc., a wholly-owned subsidiary of ACR Ocean Resources LLC.
• Following the merger, ODP Corporation became a wholly-owned subsidiary of ACR Ocean Resources LLC.
• 14,693 restricted stock units (RSUs) held by Ms. Schioldager were converted into cash.
• Each RSU represented a contingent right to receive one share of ODP common stock.
• The conversion price for the RSUs was $28.00 per share, plus any accrued and unpaid dividends or dividend equivalent rights, net of applicable withholding taxes.

Sentiment

Score: 5

Explanation: Neutral, as this is a routine insider transaction reporting the conversion of equity awards following a merger, which is an expected event and does not introduce new positive or negative information.

Industry Context

This report details an insider transaction following a corporate merger, which is a standard event in the lifecycle of public companies undergoing acquisition. It does not provide broader industry trends or competitive analysis.

Stakeholder Impact

• Shareholders of ODP Corp received $28.00 per share for their common stock as part of the merger, as indicated by the RSU conversion price.

Key Dates

Keywords

ODP Corp, ODP, Form 4, Insider Transaction, Restricted Stock Units, RSU, Merger, ACR Ocean Resources, Amy L. Schioldager