June 30, 2025 · Form 4 insider transaction
Hickox John bought 38,819 shares of Organon & Co at $0.48 per share, a transaction worth $18.7K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
These shares represent the shares of Common Stock underlying restricted stock units ("RSUs") that the Reporting Person elected to receive in lieu of cash compensation under the Issuer's Amended and Restated Non-Employee Director Compensation Policy, as amended, for the quarter ended June 30, 2025. The number of RSUs received in lieu of cash was calculated based on the closing price per share of Common Stock on June 30, 2025. Each RSU represents the contingent right to receive one share of the Issuer's Common Stock. The RSUs are fully vested upon the date of grant. Pursuant to a Deferral Election Form, the Reporting Person elected to defer the receipt of such shares to a future date.