Form 4: Owens Corning EVP, Chief HR Officer Paula Russell Reports Stock Award and Tax Withholding

Paula Russell, EVP and Chief HR Officer of Owens Corning, reports the acquisition of 8,501 shares related to performance share units and the disposal of 3,857 shares for tax obligations.

Summary

• On February 21, 2025, Paula Russell, EVP and Chief HR Officer of Owens Corning, acquired 8,501 shares of common stock related to the settlement of performance share units for the performance cycle ended December 31, 2024.
• The acquisition price was $0.00 per share.
• On February 24, 2025, Ms. Russell disposed of 3,857 shares of common stock at a price of $162.89 per share to satisfy tax withholding obligations.
• Following these transactions, Ms. Russell beneficially owns 25,967.185 shares of Owens Corning common stock.

Sentiment

Score: 6

Explanation: Neutral sentiment as the filing reflects routine transactions related to executive compensation and tax obligations. There is no indication of positive or negative implications for the company's performance.

Positives

• The acquisition of shares indicates a positive performance outcome related to the performance share units.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing reflects standard compensation practices involving performance-based equity and tax obligations.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.

Key Dates