Form 4: Orion S.A. Executive Carlos Quinones Reports Stock Transactions
SEC Form 4 Filing
Carlos Quinones, Sr. VP Global Operations at Orion S.A., reports the acquisition and disposal of common shares related to vesting of restricted stock units.
Summary
- On February 20, 2025, Carlos Quinones, Sr. VP Global Operations at Orion S.A., reported transactions involving the company's common shares.
- 1,896 shares were disposed of to satisfy tax withholding requirements at a price of $15.15 per share.
- 6,855 shares were acquired through the vesting and settlement of performance-based restricted stock units.
- An additional 2,201 shares were disposed of to satisfy tax withholding requirements related to the vesting of performance-based restricted stock units at a price of $15.15 per share.
- Following these transactions, Quinones beneficially owns 76,402 common shares.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing simply reports stock transactions related to executive compensation. The vesting of performance-based restricted stock units is a slightly positive indicator.
Positives
- The vesting of performance-based restricted stock units suggests that certain performance criteria were met, which could be viewed positively.
Industry Context
Form 4 filings are standard practice for reporting insider transactions and provide transparency to investors regarding the buying and selling activities of company executives and directors.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Date of stock transactions (acquisition and disposal of shares). |
| 02/24/2025 | Date of signature on the Form 4 filing. |
Keywords
Orion S.A., Carlos Quinones, Form 4, Stock Transactions, Restricted Stock Units, Beneficial Ownership, Vesting, Tax Withholding
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