Form 4: Organon & Co. Corporate Controller Reports Stock Transactions
SEC Form 4 Filing
Kathryn DiMarco, Corporate Controller of Organon & Co., reports the vesting and disposal of restricted stock units and common stock transactions.
Summary
- On May 4, 2024, Kathryn DiMarco, Corporate Controller of Organon & Co., reported transactions involving Organon & Co. common stock.
- These transactions included the vesting of 1,248 restricted stock units (RSUs) and the subsequent disposal of 428 shares to cover tax obligations.
- Following these transactions, DiMarco directly owns 20,970 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 related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but it is not expected to be significant.
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 | RSU vesting and stock disposal occurred. |
| 05/07/2024 | Date of signature for the Form 4 filing. |
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