Form 4: Owens Corning Executive Marcio A Sandri Reports Stock Transaction
SEC Form 4 Filing
Marcio A Sandri, President of Composites at Owens Corning, reports the disposition of 326 shares to cover tax obligations.
Summary
- On March 1, 2024, Marcio A Sandri, President of Composites at Owens Corning, disposed of 326 shares of common stock.
- The transaction was executed at a price of $151.67 per share.
- This transaction was related to covering tax obligations.
- Following the transaction, Sandri directly owns 72,486.881 shares of Owens Corning common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of an insider transaction. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This filing is a routine disclosure of insider transactions, which are common and expected for executives of publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of stock transaction (disposal of shares) |
| 03/05/2024 | Date of report filing |
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