August 21, 2025 · Form 4 insider transaction
Lee Joshua C. sold 3,860 shares of Organon & Co at $0.56 per share, a transaction worth $2.2K. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 0 days after the transaction.
The sales reported on this Form 4 represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the settlement and release of performance stock units. The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary transactions by the Reporting Person; Price reported is a weighted-average sales price. The shares were sold at prices ranging from $0.5632 to $0.5665. The reporting person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.; Shares include 9,375 shares earned upon the satisfaction of the performance condition of certain performance stock units granted to the Reporting Person on November 10, 2021, for which the Company's Board of Directors determined that the performance milestone was met on December 22, 2022 and the performance stock units were fully vested, but were not to be released to the Reporting Person until settlement. The performance stock units were settled and released on August 19, 2025.