Form 4: Owens Corning Director Acquires and Disposes of Shares

Director Eduardo E. Cordeiro reports changes in beneficial ownership of Owens Corning stock, including acquisition of dividend equivalents and disposal of shares.

Summary

• On August 2, 2024, Eduardo E. Cordeiro, a director of Owens Corning, reported transactions involving the company's stock.
• Cordeiro acquired 45.2 shares of common stock due to the accrual of dividend equivalents on deferred stock units at a price of $169.68 per share.
• Cordeiro also disposed of 12,828.417 shares of common stock.
• Following these transactions, Cordeiro's beneficially owned securities include 12,828.417 shares.
• The report was signed by Katherine M. Serevitch, Attorney-in-Fact, on August 6, 2024.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, reflecting neutral sentiment. It reports transactions without expressing any positive or negative outlook.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• Shareholders may be interested in the trading activity of company directors as an indicator of their confidence in the company's prospects.

Key Dates