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

Rachel A. Stahler, Chief Information Officer of Organon & Co., reports the acquisition and disposal of common stock related to vested Restricted Stock Units on February 28, 2024.

Summary

• On February 28, 2024, Rachel A. Stahler, the Chief Information Officer of Organon & Co., reported transactions involving Organon & Co. common stock.
• These transactions involved the conversion of 12,117 Restricted Stock Units (RSUs) into common stock.
• Stahler also disposed of 4,326 shares to cover tax obligations at a price of $18.04 per share.
• Following these transactions, Stahler directly owns 39,572 shares of Organon & Co. common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about an executive's trading activity.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It's a standard practice for executives to receive and vest stock options or restricted stock units as part of their compensation, and subsequent sales are often related to covering tax liabilities.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by an executive, but the overall impact is likely minimal.

Key Dates