Form 4: Owens Corning Executive Gina A. Beredo Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Gina A. Beredo, EVP, GC and Secretary of Owens Corning, reports acquisition and disposal of company stock related to performance share unit settlement and tax obligations.
Summary
- On February 21, 2025, Gina A. Beredo acquired 10,200 shares of Owens Corning common stock as part of the settlement of performance share units for the performance cycle ended December 31, 2024.
- These shares were awarded at a price of $0.00 per share.
- On February 24, 2025, 4,626 shares were disposed of at $162.89 per share to cover tax withholding obligations related to the settlement of the performance share units.
- Following these transactions, Beredo directly owns 27,992 shares of Owens Corning common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect executive compensation and tax-related stock movements.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | End of performance cycle for performance share units |
| 02/21/2025 | Acquisition of 10,200 shares of common stock |
| 02/24/2025 | Disposal of 4,626 shares of common stock for tax withholding |
| 02/25/2025 | Date of signature for the report |
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