Form 4: Owens Corning Director Alfred E. Festa Reports Acquisition and Disposal of Common Stock
SEC Filing
Director Alfred E. Festa reported acquiring and disposing of Owens Corning common stock on November 8, 2024, according to a Form 4 filing with the SEC.
Summary
- On November 8, 2024, Alfred E. Festa, a director of Owens Corning, engaged in transactions involving the company's common stock.
- Festa acquired 221 shares of common stock at a price of $190.44 per share.
- Festa also disposed of 221 shares.
- Following these transactions, Festa beneficially owns 10,396.895 shares of Owens Corning common stock.
- The acquisition of shares represents the deferred share portion of quarterly director retainer/fees.
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing. It simply reports transactions and doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the actions of company leadership.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 11/08/2024 | Date of transaction involving Owens Corning common stock. |
| 11/12/2024 | Date of signature on the Form 4 filing. |
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