Form 4: Owens Corning Director Paul Edward Martin Acquires Shares as Part of Retainer

Sentiment:

SEC Form 4 Filing


Director Paul Edward Martin acquired 249 shares of Owens Corning common stock on April 26, 2024, as part of a deferred share portion of quarterly director retainer/fees.

Summary

  • On April 26, 2024, Paul Edward Martin, a director of Owens Corning, acquired 249 shares of common stock.
  • The acquisition was part of a deferred share portion of the quarterly director retainer/fees.
  • The price per share was $168.5.
  • Following the transaction, Martin directly owns 5,209.892 shares of Owens Corning.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reflects a standard transaction related to director compensation.

Positives

  • Director's acquisition of shares demonstrates confidence in the company.

Industry Context

Directors receiving shares as part of their compensation is a common practice to align their interests with those of the shareholders.

Stakeholder Impact

  • The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates

DateDescription
04/26/2024Date of transaction: Paul Edward Martin acquired 249 shares of Owens Corning common stock.
04/29/2024Date of signature: Katherine M. Serevitch, Attorney-in-Fact, signed the document.

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