Form 4: Organon & Co. CEO Kevin Ali Reports Stock Transactions
SEC Form 4
CEO Kevin Ali reports the vesting and disposal of Organon & Co. stock and restricted stock units on May 4, 2024.
Summary
- On May 4, 2024, Kevin Ali, the CEO of Organon & Co., reported transactions involving the company's stock and restricted stock units (RSUs).
- 22,161 shares were acquired through the vesting of RSUs.
- 12,256 shares were disposed of at a price of $19.61.
- Following these transactions, Ali directly owns 135,248 shares of Organon & Co. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, providing transparency to investors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 05/04/2022 | One-third of the RSUs vested. |
| 05/04/2023 | One-third of the RSUs vested. |
| 05/04/2024 | One-third of the RSUs vested; stock transactions occurred. |
| 05/07/2024 | Date of the report filing. |
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