Form 4: Owens Corning Director Edward F. Lonergan Acquires Shares
SEC Form 4 Filing
Director Edward F. Lonergan acquired 483 shares of Owens Corning common stock at $155.12 per share on August 8, 2024.
Summary
- On August 8, 2024, Edward F. Lonergan, a director of Owens Corning, acquired 483 shares of common stock.
- The acquisition price was $155.12 per share.
- This transaction increased Lonergan's direct holdings to 48,032.939 shares.
- The acquisition was the deferred share portion of quarterly director retainer/fees.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction (director acquiring shares as part of compensation). It's slightly positive as it shows the director's confidence in the company.
Positives
- A director's acquisition of company stock can be seen as a positive signal, indicating confidence in the company's future performance.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in company stock. It is common for directors to receive stock as part of their compensation.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it signals confidence from a company director.
Key Dates
| Date | Description |
|---|---|
| 08/08/2024 | Date of transaction: Edward F. Lonergan acquired 483 shares of Owens Corning common stock. |
| 08/12/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.