Form 4: Organon & Co. Executive VP Daniel Karp Acquires 3,500 Shares
SEC Form 4
Executive Vice President of Corporate Development at Organon & Co., Daniel Karp, purchased 3,500 shares of common stock at a price of $8.2366 per share on May 6, 2025.
Summary
- On May 6, 2025, Daniel Karp, Executive VP, Corp. Dev. of Organon & Co., acquired 3,500 shares of the company's common stock.
- The purchase price was $8.2366 per share.
- Following the transaction, Karp directly owns 46,669.46 shares of Organon & Co. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock purchase by an executive, which is neutral in sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track confidence levels of key personnel.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment, reflecting confidence from a company executive.
Key Dates
| Date | Description |
|---|---|
| 05/06/2025 | Date of transaction: Daniel Karp purchased 3,500 shares of Organon & Co. common stock. |
| 05/07/2025 | Date of signature for the Form 4 filing. |
Keywords
Organon & Co., Daniel Karp, Executive VP, Corporate Development, Stock Acquisition, Form 4, Beneficial Ownership, OGN
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