Form 4: Owens Corning Director Mannen Acquires Additional Shares
SEC Form 4 Filing
Director Maryann T. Mannen acquired 296 shares of Owens Corning common stock at $154.36 per share on February 26, 2025, as part of deferred director fees.
Summary
- On February 26, 2025, Maryann T. Mannen, a director of Owens Corning, acquired 296 shares of common stock.
- The acquisition was part of a deferred share portion of quarterly director retainer/fees.
- The price per share was $154.36.
- Following the transaction, Mannen directly owns 25,207.003 shares of Owens Corning.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction of a director acquiring shares as part of their compensation. It doesn't indicate any major positive or negative outlook for the company.
Industry Context
This transaction reflects a director's continued investment in the company, which can be seen as a positive signal to the market. Director stock ownership is common and aligns director and shareholder interests.
Related Party Transactions
- The acquisition of shares by the director as part of their compensation is a related party transaction.
Stakeholder Impact
- The transaction could have a slightly positive impact on shareholders as it signals confidence from a company director.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Date of transaction: Maryann T. Mannen acquired 296 shares of Owens Corning common stock. |
| 02/28/2025 | Date of signature by Katherine M. Serevitch, Attorney-in-Fact. |
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