Shashank Samant - Dec 10, 2025 Form 4 Insider Report for ODP Corp (ODP)

Role
Director
Signature
/s/ Sarah E. Hlavinka, Attorney-in-Fact
Stock symbol
ODP
Transactions as of
Dec 10, 2025
Transactions value $
-$7,616
Form type
4
Date filed
12/10/2025, 04:30 PM
Previous filing
Jun 27, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Samant Shashank Director 6600 NORTH MILITARY TRAIL, LEGAL DEPARTMENT, BOCA RATON /s/ Sarah E. Hlavinka, Attorney-in-Fact 2025-12-10 0001336184

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ODP Common Stock Disposed to Issuer -$7.62K -272 -100% $28.00 0 Dec 10, 2025 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ODP Restricted Stock Unit Disposed to Issuer -33.4K -100% 0 Dec 10, 2025 Common Stock 33.4K Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Shashank Samant is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On December 10, 2025, pursuant to that certain Agreement and Plan of Merger, dated as of September 22, 2025 (the "Merger Agreement"), by and among ODP Corporation (the "Issuer"), ACR Ocean Resources LLC ("Parent") and Vail Holdings 1, Inc., a wholly owned subsidiary of Parent ("Merger Sub"), Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger as a wholly owned subsidiary of Parent.
F2 Pursuant to the Merger Agreement, each share of Issuer common stock held by the Reporting Person immediately prior to the closing of the Merger (the "Effective Time") was converted into the right to receive $28.00 in cash, without interest, net of all applicable withholding taxes.
F3 Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock.
F4 Pursuant to the Merger Agreement, deferred RSUs held by the Reporting Person immediately prior to the Effective Time were converted into the right to receive an amount of cash equal to the sum of (a) (i) the number of shares of Issuer common stock subject to such RSUs immediately prior to the Effective Time, multiplied by (ii) $28.00 per share, plus (b) any accrued and unpaid dividends or dividend equivalent rights corresponding to such RSUs, without interest, net of all applicable withholding taxes.