Form 4: Owens Corning Executive Marcio A. Sandri Reports Stock Sale
SEC Form 4 Filing
Marcio A. Sandri, President of Composites at Owens Corning, reported selling 3,050 shares of common stock on September 17, 2024.
Summary
- Marcio A. Sandri, President of Composites at Owens Corning, filed a Form 4 with the SEC.
- The form reports a transaction that occurred on September 17, 2024.
- Sandri sold 3,050 shares of Owens Corning common stock at a price of $170 per share.
- Following the transaction, Sandri directly owns 60,129.65 shares of Owens Corning common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Investors often monitor these filings to gain insights into management's perspective on the company's stock.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, potentially influencing the stock price slightly.
Key Dates
| Date | Description |
|---|---|
| 09/17/2024 | Date of stock sale transaction |
| 09/19/2024 | Date of signature on the Form 4 filing |
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