Form 4: Orion S.A. CFO Jeffrey Glajch Reports Stock Transaction
SEC Form 4 Filing
Jeffrey Glajch, CFO of Orion S.A., reports the withholding of 1,250 common shares to cover tax obligations related to vesting restricted stock units on March 22, 2024.
Summary
- On March 22, 2024, Jeffrey Glajch, the Chief Financial Officer of Orion S.A., reported a transaction involving the company's common shares.
- The transaction involved the withholding of 1,250 common shares by the issuer to satisfy tax withholding requirements on the vesting of restricted stock units.
- The price per share for the transaction was $23.08.
- Following the transaction, Glajch directly owns 72,061 common shares of Orion S.A.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction related to tax obligations on vested stock units; it doesn't inherently indicate positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a standard procedure for tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/22/2024 | Date of transaction: Shares withheld for tax obligations. |
| 03/26/2024 | Date of signature on the Form 4 filing. |
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