OGN.NYSEOrganon & CO

Form 4: Organon & Co. Executive Rachel A. Stahler Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

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Rachel A. Stahler, Chief Information Officer of Organon & Co., reports the vesting and disposal of restricted stock units and subsequent acquisition of common stock on March 31, 2024.

Summary

  • On March 31, 2024, Rachel A. Stahler, Chief Information Officer of Organon & Co., engaged in transactions involving Organon common stock and restricted stock units (RSUs).
  • Stahler acquired 3,578 shares of common stock upon the vesting of RSUs, and disposed of 1,226 shares to cover tax obligations at a price of $18.8 per share.
  • Additionally, she acquired 6,554 shares of common stock upon the vesting of another set of RSUs, and disposed of 2,245 shares to cover tax obligations at a price of $18.8 per share.
  • Following these transactions, Stahler directly owns 46,233 shares of Organon common stock and 13,110 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, indicating a neutral sentiment.

Future Outlook

The remaining RSUs will vest on March 31, 2025, and March 31, 2026.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common practice for publicly traded companies.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in beneficial ownership.

Key Dates

DateDescription
03/31/2023One-third of the initial RSUs vested.
03/31/2024RSU vesting and stock transactions occurred; one-third of the RSUs vested.
03/31/2025Remaining RSUs from the first grant to vest.
03/31/2025One-half of the remaining RSUs from the second grant to vest.
03/31/2026Remaining RSUs from the second grant to vest.
04/03/2024Date of the form filing.

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