Form 4: Orion S.A. CEO Corning F. Painter Reports Stock Transactions

Orion S.A. CEO Corning F. Painter reports the acquisition and disposal of company shares related to vesting of restricted stock units.

Summary

• On February 20, 2025, Corning F. Painter, CEO of Orion S.A., reported transactions involving the company's common shares.
• 41,130 shares were disposed of to satisfy tax withholding requirements at a price of $15.15 per share.
• 133,692 shares were acquired through the vesting and settlement of performance-based restricted stock units at a price of $0.
• 57,894 shares were disposed of to satisfy tax withholding requirements on vesting of performance-based restricted stock units at a price of $15.15 per share.
• Following these transactions, Painter directly owns 993,444 common shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing simply reports stock transactions related to executive compensation. There is no indication of positive or negative performance.

Positives

• The vesting of performance-based restricted stock units indicates that certain performance criteria were met.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.

Key Dates

Keywords

Orion S.A., Corning F. Painter, Form 4, Stock Transactions, Restricted Stock Units, Beneficial Ownership, OEC