Form 4: Owens Corning Director Acquires Shares as Part of Retainer Fees

Suzanne P. Nimocks, a director at Owens Corning, acquired 260 shares of common stock on November 8, 2024, as part of deferred director fees.

Summary

• On November 8, 2024, Suzanne P. Nimocks, a director of Owens Corning, acquired 260 shares of the company's common stock.
• The acquisition was part of a deferred share portion of director retainer/fees.
• The price per share was $190.44.
• Following the transaction, Nimocks directly owns 33,491.548 shares of Owens Corning common stock.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reflects a routine transaction related to director compensation. It doesn't indicate any significant positive or negative outlook for the company.

Positives

• The director's acquisition of shares demonstrates confidence in the company.

Industry Context

Director share acquisitions are common and often tied to compensation packages, aligning director interests with shareholder value. This is a routine transaction.

Related Party Transactions

• The acquisition of shares by the director as part of their retainer/fees constitutes a related party transaction.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a small number of shares acquired by a director as part of their compensation.

Key Dates