What is the key detail about Kerry A. Galvin's restricted share award from Orion S.A., including quantity, grant date, vesting condition, and impact on his total holdings?

Kerry A. Galvin, a director of Orion Engineered Carbons SA, was granted 19,150 restricted common shares on June 26, 2026, as equity compensation, with a reported price of $0.00 per share; these shares will vest the day before the company's 2027 Annual General Meeting of Shareholders; following this grant, Galvin's direct holdings in the company total 84,753 common shares.

Why is the reported price of $0.00 per share significant in the context of Galvin's restricted share award?

The reported price of $0.00 per share reflects that the award was granted at no cost to Galvin, consistent with typical restricted stock awards used for director compensation, where shares are issued as a form of non-cash incentive tied to continued service and governance responsibilities; this zero purchase price underscores the award’s nature as pure equity-based compensation rather than a purchase or option exercise.

Orion S.A. Director Receives Restricted Share Award

Jul 1, 2026

Orion Engineered Carbons SA granted 19,150 restricted common shares to director Kerry A. Galvin, increasing his direct holdings to 84,753 shares ahead of the 2027 Annual General Meeting.

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