Form 4: Owens Corning Director Suzanne P. Nimocks Acquires Shares as Part of Deferred Compensation Plan

Director Suzanne P. Nimocks acquired 393 shares of Owens Corning common stock on May 9, 2025, as part of a deferred share arrangement.

Summary

• On May 9, 2025, Suzanne P. Nimocks, a director at Owens Corning, acquired 393 shares of common stock.
• The acquisition was part of a deferred share portion of quarterly director retainer/fees.
• The price per share was $136.44.
• Following the transaction, Nimocks beneficially owns 34,412.529 shares of Owens Corning common stock directly.

Sentiment

Score: 6

Explanation: Neutral sentiment as the filing reflects a routine transaction related to director compensation.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

Director share acquisitions are common and are often part of compensation packages. This transaction reflects standard practice for director compensation.

Comparison to Industry Standards

• Director compensation packages often include deferred stock or restricted stock units, aligning director interests with shareholder value.
• Companies like Sherwin-Williams and PPG also use stock-based compensation for their directors.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine part of director compensation.

Key Dates

Keywords

Form 4, Director, Insider Trading, Share Acquisition, Owens Corning, OC, Nimocks, Deferred Compensation