Form 4: Owens Corning Executive Marcio A. Sandri Reports Stock Transaction
SEC Filing
Marcio A. Sandri, President of Composites at Owens Corning, reports a transaction involving the withholding of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On February 3, 2025, Marcio A. Sandri, President of Composites at Owens Corning, reported a transaction on SEC Form 4.
- The transaction involved the withholding of 2,676 common shares to satisfy tax withholding obligations.
- The price per share was $180.1.
- Following the transaction, Sandri directly owns 54,615.939 common shares.
- The report was signed by Katherine M. Serevitch, Attorney-in-Fact, on February 5, 2025.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions, with neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency regarding insider transactions to investors.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine procedure related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/03/2025 | Date of the stock transaction (withholding of shares). |
| 02/05/2025 | Date of signature by Attorney-in-Fact. |
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