Form 4: Owens Corning Executive Gunner Smith Reports Share Transactions
SEC Form 4 Filing
Gunner Smith, President of Roofing at Owens Corning, reports acquisition and disposal of common stock related to performance share unit settlement.
Summary
- On February 21, 2025, Gunner Smith acquired 12,469 shares of Owens Corning common stock related to the settlement of performance share units.
- On February 24, 2025, Smith disposed of 5,657 shares to satisfy tax withholding obligations at a price of $162.89 per share.
- Following these transactions, Smith directly owns 30,053 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.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
- The transactions are part of the executive's compensation and are therefore relevant to employees.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Performance cycle end date for performance share units. |
| 02/21/2025 | Acquisition of 12,469 shares related to performance share unit settlement. |
| 02/24/2025 | Disposal of 5,657 shares for tax withholding obligations at $162.89 per share. |
| 02/25/2025 | Date of signature for the Form 4 filing. |
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