Form 4: Owens Corning Director Alfred E. Festa Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Alfred E. Festa reports changes in beneficial ownership of Owens Corning stock due to dividend equivalent accrual on deferred stock units.
Summary
- On April 10, 2025, Director Alfred E. Festa reported changes in beneficial ownership of Owens Corning [OC] stock.
- The changes involve the accrual of dividend equivalents on deferred stock units.
- Festa acquired 54.942 shares of Common stock at a price of $134.48, resulting in 10,763.108 shares beneficially owned following the transaction.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, and the transaction described is a routine accrual of dividend equivalents. Therefore, the sentiment is neutral.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common occurrence in publicly traded companies. It provides transparency to investors regarding the holdings and transactions of company executives and directors.
Stakeholder Impact
- The change in beneficial ownership is unlikely to have a significant impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 04/10/2025 | Date of transaction: Accrual of dividend equivalents on deferred stock units. |
| 04/14/2025 | Date of signature by Attorney-in-Fact. |
Keywords
beneficial ownership, Form 4, Owens Corning, director, stock, dividend equivalents, deferred stock units, OC, Festa
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