Form 4: Owens Corning Director Acquires Shares Through Dividend Equivalent Accrual

Owens Corning director Eduardo E. Cordeiro acquired 38.738 shares of common stock through the accrual of dividend equivalents on deferred stock units.

Summary

• Director Eduardo E. Cordeiro acquired 38.738 shares of Owens Corning common stock.
• The acquisition occurred on January 17, 2025.
• The shares were acquired through the accrual of dividend equivalents on deferred stock units.
• The price per share was $182.68.
• Following the transaction, Mr. Cordeiro directly owns 13,428.012 shares.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not contain any information that would significantly impact sentiment.

Industry Context

This is a routine filing related to director share ownership and is not indicative of any broader industry trends.

Comparison to Industry Standards

• Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders.
• The transaction is typical for directors receiving shares through dividend equivalents on deferred stock units.
• The share price of $182.68 is specific to Owens Corning and would need to be compared to other building materials companies to assess its relative value.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with company performance.

Key Dates

Keywords

Form 4, Beneficial Ownership, Director, Dividend Equivalents, Deferred Stock Units, Owens Corning, OC, Share Acquisition