Form 4: Owens Corning Executive Marcio A. Sandri Sells Shares
SEC Form 4 Filing
Marcio A. Sandri, President of Composites at Owens Corning, sold 3,051 shares of common stock on September 19, 2024.
Summary
- On September 19, 2024, Marcio A. Sandri, President, Composites of Owens Corning, sold 3,051 shares of common stock.
- The transaction was executed at a price of $176.5 per share.
- Following the transaction, Sandri directly owns 57,078.65 shares of Owens Corning.
Sentiment
Score: 5
Explanation: This is a neutral event. An executive selling shares doesn't necessarily indicate a negative outlook, as it could be for personal financial reasons.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 09/19/2024 | Date of transaction: Marcio A. Sandri sold shares of Owens Corning stock. |
| 09/23/2024 | Date of signature on the Form 4 filing. |
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