Form 4: Owens Corning Director Paul Edward Martin Acquires Additional Shares
SEC Form 4 Filing
Director Paul Edward Martin acquired 221 shares of Owens Corning common stock at $190.44 per share on November 8, 2024.
Summary
- On November 8, 2024, Paul Edward Martin, a director of Owens Corning, acquired 221 shares of common stock at a price of $190.44 per share.
- This acquisition increased Martin's direct holdings to 5,738.707 shares.
- The acquisition was a deferred share portion of quarterly director retainer/fees.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction related to director compensation.
Positives
- A director's increased stake in the company can be seen as a positive signal.
Industry Context
Director share acquisitions are common and often reflect confidence in the company's future performance.
Related Party Transactions
- The acquisition of shares by the director as part of their compensation is a related party transaction.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 11/08/2024 | Date of transaction: Paul Edward Martin acquired 221 shares of Owens Corning common stock. |
| 11/12/2024 | Date of signature on the Form 4 filing. |
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