Form 4: Owens Corning Executive Jose Mendez-Andino Reports Stock Transactions
SEC Filing
EVP and Chief R&D Officer of Owens Corning, Jose Mendez-Andino, reports acquisition and disposal of company stock.
Summary
- Jose Mendez-Andino, EVP and Chief R&D Officer of Owens Corning, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- On February 5, 2025, Mendez-Andino acquired 2,635 shares of Owens Corning common stock at a price of $182.15 per share.
- These shares were granted as restricted stock units under the Owens Corning 2023 Stock Plan.
- On February 6, 2025, Mendez-Andino disposed of 218 shares at a price of $183.97 per share.
- Following these transactions, Mendez-Andino beneficially owns 13,673.583 shares of Owens Corning common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive, with neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors for signals about management's view of the company's prospects.
Stakeholder Impact
- The transactions may have a minor impact on shareholders as they provide insight into executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 02/05/2025 | Acquisition of 2,635 shares of Owens Corning common stock at $182.15 per share. |
| 02/06/2025 | Disposal of 218 shares of Owens Corning common stock at $183.97 per share. |
| 02/07/2025 | Date of signature for the Form 4 filing. |
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