Form 4: Owens Corning Director Acquires Shares as Part of Quarterly Retainer
SEC Form 4 Filing
Director W Howard Morris acquired 221 shares of Owens Corning (OC) common stock on November 8, 2024, as part of a quarterly director retainer.
Summary
- On November 8, 2024, W Howard Morris, a director of Owens Corning, acquired 221 shares of common stock.
- The acquisition was part of the quarterly director retainer/fees.
- The price per share was $190.44.
- Following the transaction, Morris directly owns 41,800.978 shares of Owens Corning.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. It reflects a routine transaction (director compensation) and insider confidence, but it's not a major event.
Positives
- The director's acquisition of shares demonstrates confidence in the company.
Industry Context
Director share acquisitions are common and often viewed positively, indicating alignment between management and shareholder interests. This is a routine transaction related to director compensation.
Related Party Transactions
- The share acquisition is a related party transaction as it involves a director of the company.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it signals director confidence.
Key Dates
| Date | Description |
|---|---|
| 11/08/2024 | Date of transaction: Director acquired 221 shares of Owens Corning common stock. |
| 11/12/2024 | Date of signature on the Form 4 filing. |
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