Form 4: Owens Corning Director, W. Howard Morris, Acquires Additional Shares as Part of Quarterly Retainer
SEC Form 4 Filing
W. Howard Morris, a Director at Owens Corning, acquired 271 shares of common stock on August 8, 2024, as part of his quarterly director retainer/fees.
Summary
- On August 8, 2024, W. Howard Morris, a Director of Owens Corning, acquired 271 shares of the company's common stock.
- The acquisition was part of the share portion of his quarterly director retainer/fees.
- The price per share was $155.12.
- Following the transaction, Morris directly owns 42,275.041 shares of Owens Corning.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction related to director compensation. The director purchasing shares is a positive sign, but it's not a major market-moving event.
Positives
- The director's acquisition of shares demonstrates confidence in the company.
Industry Context
Insider transactions are routinely monitored to gauge executive sentiment and potential future performance. Director purchases are often viewed positively.
Stakeholder Impact
- The transaction could have a slightly positive impact on shareholders as it signals confidence from a company director.
Key Dates
| Date | Description |
|---|---|
| 08/08/2024 | Date of transaction: Director W. Howard Morris acquired 271 shares of Owens Corning common stock. |
| 08/12/2024 | Date of signature on the Form 4 filing. |
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