Form 4: Owens Corning Director Suzanne P. Nimocks Acquires Shares as Part of Retainer
SEC Form 4 Filing
Director Suzanne P. Nimocks acquired 319 shares of Owens Corning common stock at $155.12 per share as part of a deferred share portion of quarterly director retainer/fees.
Summary
- On August 8, 2024, Suzanne P. Nimocks, a director of Owens Corning, acquired 319 shares of common stock.
- The shares were acquired at a price of $155.12 per share.
- The acquisition was part of a deferred share portion of her quarterly director retainer/fees.
- Following the transaction, Nimocks directly owns 33,160.836 shares of Owens Corning common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction related to director compensation. There's no indication of significant positive or negative sentiment.
Positives
- Director's acquisition of shares may signal confidence in the company's future performance.
Future Outlook
The filing does not contain any specific forward-looking statements about the company's future performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common among corporate directors and officers. It provides transparency into their investment activities in the company's stock.
Related Party Transactions
- The stock acquisition is related to the director's compensation, which is a related party transaction.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders. It provides transparency to shareholders regarding director's stock ownership.
Key Dates
| Date | Description |
|---|---|
| 08/08/2024 | Date of transaction: Suzanne P. Nimocks acquired 319 shares of Owens Corning common stock. |
| 08/12/2024 | Date of signature on the Form 4 filing. |
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