Form 4: Owens Corning Director Acquires Additional Shares as Part of Retainer
SEC Form 4 Filing
Eduardo E. Cordeiro, a director at Owens Corning, acquired 232 shares of common stock on November 8, 2024, as part of a deferred share portion of quarterly director retainer/fees.
Summary
- On November 8, 2024, Eduardo E. Cordeiro, a director at Owens Corning, acquired 232 shares of common stock.
- The acquisition was part of a deferred share portion of quarterly director retainer/fees.
- The price per share was $190.44.
- Following the transaction, Cordeiro directly owns 13,389.274 shares of Owens Corning common stock.
Sentiment
Score: 6
Explanation: Neutral sentiment as it reflects a routine transaction related to director compensation.
Positives
- The acquisition reflects a director's continued investment in the company.
- The acquisition was part of a deferred share portion of quarterly director retainer/fees.
Industry Context
This is a routine disclosure of insider trading activity, specifically a director acquiring shares as part of their compensation. It's common for directors to receive stock as part of their compensation packages.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a small acquisition of shares by a director.
Key Dates
| Date | Description |
|---|---|
| 11/08/2024 | Date of transaction: Eduardo E. Cordeiro acquired 232 shares of Owens Corning common stock. |
| 11/12/2024 | Date of signature: The Form 4 was signed on November 12, 2024. |
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