Organon (OGN) interim manufacturing chief exercises 7,979 RSUs, nets shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Organon & Co.'s Interim Head of Manufacturing & Supply, Juliana Papa Drinane, exercised 7,979 Restricted Stock Units into common stock on March 29, 2026. To cover taxes, 2,733 shares were withheld at $5.84 per share. She now directly holds 22,420.703 Organon common shares, reflecting a routine compensation-related equity increase.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,979 shares exercised/converted
Mixed
3 txns
Insider
Drinane Juliana Papa
Role
Interim Head of Mfg & Supply
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,979 | $0.00 | -- |
| Exercise | Common Stock | 7,979 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,733 | $5.84 | $16K |
Holdings After Transaction:
Restricted Stock Units — 7,979 shares (Direct);
Common Stock — 25,153.703 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. Each RSU represents a contingent right to receive 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: 7,979 units
Tax withholding shares: 2,733 shares
Withholding price: $5.84/share
+3 more
6 metrics
RSUs exercised
7,979 units
Restricted Stock Units converted to common stock on March 29, 2026
Tax withholding shares
2,733 shares
Common stock withheld to satisfy tax obligations at $5.84 per share
Withholding price
$5.84/share
Closing market price on March 27, 2026 used for tax withholding
Post-transaction holdings
22,420.703 shares
Direct Organon common stock owned after the reported transactions
Net shares retained
5,246 shares
RSU shares acquired minus 2,733 shares withheld for taxes
RSU vesting schedule
3 equal installments
Vesting on March 29, 2025, 2026, and 2027
Key Terms
Restricted Stock Units, tax-withholding disposition, Exercise or conversion of derivative security, contingent right, +1 more
5 terms
Restricted Stock Units financial
"This price is the closing market price of Organon & Co. common stock ... 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.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
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.
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
contingent right financial
"Each RSU represents a contingent right to receive one share of Organon common stock."
vesting financial
"These RSUs vest and are distributed as shares of Organon common stock in three equal installments..."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did Organon (OGN) report for Juliana Papa Drinane?
Organon reported that Interim Head of Manufacturing & Supply Juliana Papa Drinane exercised 7,979 Restricted Stock Units into common stock. This compensation-related event increased her direct equity stake in Organon and was paired with share withholding to satisfy tax obligations.
Was there any open-market buying or selling in this Organon (OGN) Form 4?
No open-market buying or selling occurred. The Form 4 shows RSU vesting with an option exercise coded “M” and a tax-withholding disposition coded “F.” These are compensation and tax events, not discretionary market trades in Organon stock.
How do Organon (OGN) Restricted Stock Units work in this insider filing?
Each Restricted Stock Unit in this filing represents a contingent right to receive one share of Organon common stock. The RSUs vest and are distributed in three equal installments on March 29, 2025, March 29, 2026, and March 29, 2027, according to the disclosed vesting schedule.