Form 4: Owens Corning Director Alfred E. Festa Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Alfred E. Festa reported acquiring 33.92 shares of Owens Corning common stock due to dividend equivalents on deferred stock units.
Summary
- On November 4, 2024, Alfred E. Festa, a director of Owens Corning, acquired 33.92 shares of common stock.
- The acquisition was due to the accrual of dividend equivalents on deferred stock units.
- The price per share was $179.4.
- Following the transaction, Festa directly owns 10,175.895 shares of Owens Corning.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares acquired by a director.
Key Dates
| Date | Description |
|---|---|
| 11/04/2024 | Date of transaction: Alfred E. Festa acquired 33.92 shares of Owens Corning common stock. |
| 11/06/2024 | Date of signature on the Form 4 filing. |
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