Form 4: Owens Corning Director Howard W. Morris Reports Acquisition of Common Stock

Sentiment:

SEC Form 4 Filing


Director Howard W. Morris reports acquiring Owens Corning common stock through dividend equivalents on deferred stock units.

Summary

  • On November 4, 2024, Howard W. Morris, a director of Owens Corning, acquired 124.937 shares of common stock.
  • The acquisition was due to the accrual of dividend equivalents on deferred stock units.
  • The price per share was $0.01 par value.
  • Following the transaction, Morris directly owns 41,579.978 shares of Owens Corning common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects routine compensation practices and insider confidence.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

  • The transaction has a minimal impact on stakeholders as it is a routine acquisition of shares by a director.

Key Dates

DateDescription
11/04/2024Date of transaction: Acquisition of common stock.
11/06/2024Date of signature on the Form 4 filing.

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