UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

~~March~~April 1829, 2025

Date of Report (Date of earliest event reported)

O-I GLASS, INC.

(Exact name of registrant as specified in its charter)

Delaware		1-9576		22-2781933
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

One Michael Owens Way

Perrysburg, Ohio

(Address of principal executive offices)

43551-2999

(Zip Code)

(567) 336-5000

(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol	Name of each exchange on which registered
Common stock, $.01 par value	OI	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

ITEM 2.0502. ~~COSTS~~RESULTS ~~ASSOCIATED~~OF ~~WITH~~OPERATIONS ~~EXIT~~AND ORFINANCIAL ~~DISPOSAL ACTIVITIES~~CONDITION.

On ~~March 18~~April 29, 2025, O-I Glass, Inc. (the “Company”) ~~finalized~~issued a ~~its~~press ~~plans~~release ~~for~~announcing ~~the~~its ~~closure~~results of aoperations ~~plant~~for inthe ~~its~~quarter ~~European~~ended ~~segment.~~March ~~This~~31, ~~closure~~2025. isA ~~part~~copy of the ~~Company’s Fit~~press torelease ~~Win~~is ~~initiative~~attached tohereto as ~~reduce~~Exhibit ~~redundant capacity and begin to optimize its network~~99.1 ~~Additional capacity closures~~ and ~~other~~is ~~restructuring actions~~incorporated ~~are~~herein ~~expected~~by ~~in 2025~~reference.

The ~~Company~~ ~~intends~~information toset ~~facilitate~~forth ~~the~~in ~~closure~~this inItem a2.02, ~~respectful~~including ~~manner~~Exhibit ~~for~~99.1, is ~~the~~being ~~approximately~~furnished ~~170~~and ~~people~~shall ~~impacted.~~not ~~Current~~be ~~customers~~deemed “filed” for purposes of ~~the~~Section ~~plant impacted~~18 byof the ~~closure~~Securities ~~will~~Exchange beAct ~~served~~of by1934, ~~other~~as ~~European~~amended (the ~~plants~~“Exchange inAct”) or otherwise subject to the ~~Company’s~~liabilities ~~network~~of that Section. ~~Subject~~The toinformation ~~finalization~~in ofthis ~~certain estimates~~Item 2.02, ~~the~~including Exhibit ~~Company~~99.1, ~~expects~~shall tonot ~~record~~be ~~charges~~incorporated ~~associated~~by ~~with~~reference ~~this~~into ~~closure~~any filing of ~~approximately~~the ~~$50~~Company ~~million~~under in the ~~first~~Securities ~~quarter~~Act of ~~2025~~1933, ~~primarily~~ ~~for~~as ~~one-time~~amended ~~employee~~(the “Securities ~~separation~~Act”), ~~benefits~~or ~~and~~the ~~other~~Exchange ~~costs~~Act ~~related~~except toas ~~the~~shall ~~closing~~be ~~(of~~expressly ~~which~~set ~~approximately~~forth ~~$50~~by ~~million~~specific ~~relate to~~reference ~~future~~in ~~cash~~such ~~expenditures)~~a filing.

ITEM 89.01. ~~OTHER~~FINANCIAL ~~EVENTS~~STATEMENTS AND EXHIBITS.

~~The~~(d) Company has also approved a severance program and other restructuring actions that is primarily expected to reduce future selling, general and administrative costs primarily in the Americas segment and in the non-reportable Retained corporate costs and other categoryExhibits. ~~The Company expects to record a charge associated with these actions of approximately $20 million in the first quarter of 2025, all which relates to future cash expenditures.~~

Forward-Looking Statements

Exhibit No.		Description
99.1		Press Release dated April 29, 2025 announcing results of operations for the quarter ended March 31, 2025

104		Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101)

This Current Report on Form 8-K contains “forward-looking” statements related to the Company within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Forward-looking statements reflect the Company’s current expectations and projections about future events at the time, and thus involve uncertainty and risk. The words “expect,” “intend,” “will,” “anticipate” and other similar expressions generally identify forward-looking statements.

It is possible that the Company’s future results may differ from expectations due to a variety of factors including, but not limited to: (1) the Company’s ability to achieve expected benefits from cost management, efficiency improvements, and profitability initiatives, such as its Fit to Win program, including expected impacts from production curtailments, reduction in force and furnace closures, (2) the general political, economic and competitive conditions in markets and countries where the Company has operations, including uncertainties related to economic and social conditions, trade disputes, disruptions in the supply chain, competitive pricing pressures, inflation or deflation, changes in tax rates, changes in laws or policies, war, civil disturbance or acts of terrorism, natural disasters, public health issues and weather, (3) cost and availability of raw materials, labor, energy and transportation (including impacts related to the current Ukraine-Russia and Israel-Hamas conflicts and disruptions in supply of raw materials caused by transportation delays), (4) competitive pressures from other glass container producers and alternative forms of packaging or consolidation among competitors and customers, (5) changes in consumer preferences or customer inventory management practices, (6) the continuing consolidation of the Company’s customer base, (7) the Company’s ability to improve its glass melting technology, known as the MAGMA program, and implement it in a manner to deliver economic profit within the timeframe expected in addition to successfully achieving key production and commercial milestones, (8) unanticipated supply chain and operational disruptions, including higher capital spending, (9) seasonality of customer demand, (10) the failure of the Company’s joint venture partners to meet their obligations or commit additional capital to the joint venture, (11) labor shortages, labor cost increases or strikes, (12) the Company’s ability to acquire or divest businesses, acquire and expand plants, integrate operations of acquired businesses and achieve expected benefits from acquisitions, divestitures or expansions, (13) the Company’s ability to generate sufficient future cash flows to ensure the Company’s goodwill is not impaired, (14) any increases in the underfunded status of the Company’s pension plans, (15) any failure or disruption of the Company’s information technology, or those of third parties on which the Company relies, or any cybersecurity or data privacy incidents affecting the Company or its third-party service providers, (16) risks related to the Company’s indebtedness or changes in capital availability or cost, including interest rate fluctuations and the ability of the Company to generate cash to service indebtedness and refinance debt on favorable terms, (17) risks associated with operating in foreign countries, (18) foreign currency fluctuations relative to the U.S. dollar, (19) changes in tax laws or global. trade policies, (20) the Company’s ability to comply with various environmental legal requirements, (21) risks related to recycling and recycled content laws and regulations, (22) risks related to climate-change and air emissions, including related laws or regulations and increased ESG scrutiny and changing expectations from stakeholders, and the other risk factors discussed in the Company’s filings with the Securities and Exchange Commission.

It is not possible to foresee or identify all such factors. Any forward-looking statements in this Current Report on Form 8-K are based on certain assumptions and analyses made by the Company in light of its experience and perception of historical trends, current conditions, expected future developments, and other factors it believes are appropriate in the circumstances. Forward-looking statements are not a guarantee of future performance, and actual results or developments may differ materially from expectations. The Company does not assume any obligation to update or supplement any particular forward-looking statements contained in this Current Report on Form 8-K.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: March 21, 2025	O-I GLASS, INC.
Date: April 29, 2025	O-I GLASS, INC.
	By:	/s/ John A. Haudrich
		John A. Haudrich
		Senior Vice President and Chief Financial Officer

Filing Compare · O-I Glass, Inc. /DE/