CEO Hardie Gordon bought 8,000 shares of O-I Glass (OI) at $13.10; stock down -15.4% past 30 days; cluster pattern with 2 other insiders in 14 days
Hardie Gordon, President & CEO, purchased 8,000 shares at $13.10 on 2025-08-05, increasing his holdings from 507,817 to 515,817 shares. The transaction occurred as OI Glass trades -15.4% from its 52-week high of $15.80 and -15.4% over the past 30 days, after the company reported a net loss of $5,000,000 in its latest quarter and annual revenue declined -8.1% year-over-year. The purchase is part of a cluster pattern in which 2 other insiders also bought within the past 14 days, indicating coordinated insider accumulation during a period of recent stock weakness and operational underperformance. Investors should note the timing alongside the company's current unprofitability and the broader sell-off in the stock, while recognizing this is a discretionary open-market purchase by top management.