JOHN GANNFORS - 10 Mar 2025 Form 4 Insider Report for ODP Corp (ODP)

Signature
/s/ Sarah E. Hlavinka, Attorney-in-Fact
Issuer symbol
ODP
Transactions as of
10 Mar 2025
Net transactions value
-$80,768
Form type
4
Filing time
12 Mar 2025, 21:19:38 UTC
Previous filing
24 Apr 2024
Next filing
27 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ODP Common Stock Award $0 +26,951 +34% $0.000000 106,145 10 Mar 2025 Direct F1
transaction ODP Common Stock Award $0 +4,017 +3.8% $0.000000 110,162 10 Mar 2025 Direct F2
transaction ODP Common Stock Tax liability $25,967 -1,458 -1.3% $17.81 108,704 10 Mar 2025 Direct F3
transaction ODP Common Stock Tax liability $26,644 -1,496 -1.4% $17.81 107,208 10 Mar 2025 Direct F4
transaction ODP Common Stock Tax liability $28,158 -1,581 -1.5% $17.81 105,627 10 Mar 2025 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was granted Restricted Stock Units ("RSUs") on March 10, 2025, of which one-third of the RSUs will vest and settle in shares of the Issuer's common stock on each of March 10, 2026, March 10, 2027, and March 10, 2028, respectively.
F2 These shares represent performance-based restricted stock units that vested on March 10, 2025.
F3 Shares of common stock withheld by Issuer to satisfy tax withholding obligations on vesting of shares with restrictions from a grant issued on March 10, 2022.
F4 Shares of common stock withheld by Issuer to satisfy tax withholding obligations on vesting of shares with restrictions from a grant issued on March 10, 2023.
F5 Shares of common stock withheld by Issuer to satisfy tax withholding obligations on vesting of shares underlying the payout of performance-based stock units.