Organon (NYSE: OGN) SVP exercises RSUs; 1,516 shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Organon & Co. SVP and Corporate Controller Lynette Holzbaur exercised 5,319 restricted stock units into common stock. Each RSU converted into one share, reflecting a scheduled vesting installment. Of the shares received, 1,516 were withheld at $5.84 per share to cover tax obligations.
After these transactions and the addition of 82 shares from dividend equivalents, Holzbaur directly holds 18,561.427 shares of Organon common stock. The activity represents routine equity compensation, combining an RSU vesting event with share withholding for taxes rather than an open‑market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,319 shares exercised/converted
Mixed
3 txns
Insider
Holzbaur Lynette
Role
SVP and Corporate Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,319 | $0.00 | -- |
| Exercise | Common Stock | 5,319 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,516 | $5.84 | $9K |
Holdings After Transaction:
Restricted Stock Units — 5,319 shares (Direct);
Common Stock — 19,995.427 shares (Direct)
Footnotes (1)
- This price is the closing market price of Organon & Co. ("Organon") common stock on Friday, March 27, 2026, as required by the plan under which the Restricted Stock Units ("RSU") were awarded. Includes the addition of 82 shares of Organon common stock acquired from dividend equivalents net of withholding tax not previously required to be reported. Each RSU converts into one share of Organon common stock. These RSUs vest and are distributed as shares of Organon common stock in three equal installments on March 29, 2025, March 29, 2026, and March 29, 2027.
Key Figures
RSUs exercised: 5,319 units
Shares withheld for taxes: 1,516 shares
Tax withholding price: $5.84 per share
+3 more
6 metrics
RSUs exercised
5,319 units
Restricted Stock Units converting into common stock on March 29, 2026
Shares withheld for taxes
1,516 shares
Common stock withheld at $5.84 per share for tax obligations
Tax withholding price
$5.84 per share
Closing market price used under the RSU plan
Shares owned after transactions
18,561.427 shares
Direct Organon common stock holdings following RSU vesting and withholding
Dividend equivalent shares
82 shares
Shares added from dividend equivalents net of withholding tax
RSU vesting schedule
Three equal installments
Vesting on March 29, 2025, 2026, and 2027
Key Terms
Restricted Stock Units, dividend equivalents, tax-withholding disposition, closing market price, +1 more
5 terms
Restricted Stock Units financial
"This price is the closing market price ... under which the Restricted Stock Units ("RSU") were awarded."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalents financial
"Includes the addition of 82 shares of Organon common stock acquired from dividend equivalents net of withholding tax"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition","transaction_code_description": "Payment of exercise price or tax liability"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
closing market price financial
"This price is the closing market price of Organon & Co. common stock on Friday, March 27, 2026"
vest and are distributed financial
"These RSUs vest and are distributed as shares of Organon common stock in three equal installments"