Owens Corning (OC) EVP & CFO Jonathan Collins becomes SEC reporting insider
Rhea-AI Filing Summary
Owens Corning filed an initial ownership report for Jonathan Mark Collins, who serves as EVP & Chief Financial Officer. The filing establishes him as a reporting person for the company’s equity securities under SEC rules and includes an exhibit listing a Power of Attorney.
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Key Terms
initial statement of beneficial ownership, reporting person, Power of Attorney
3 terms
initial statement of beneficial ownership regulatory
"The filing functions as an initial statement of beneficial ownership"
An initial statement of beneficial ownership is the first regulatory filing an insider or large investor submits to disclose the amount of a company's stock they control or benefit from. It matters to investors because it reveals who has significant influence over a company—like showing who’s holding the cards—and helps track potential conflicts of interest, insider motives, and future buying or selling that can move the stock price.
reporting person regulatory
"The filing establishes him as a reporting person for the company’s equity"
Power of Attorney regulatory
"includes an exhibit listing a Power of Attorney"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
FAQ
What does Owens Corning (OC) report about Jonathan Mark Collins in this Form 3?
Owens Corning reports that Jonathan Mark Collins is an executive officer serving as EVP & Chief Financial Officer. The Form 3 establishes him as a reporting person for the company’s equity securities under SEC beneficial ownership rules.
Does the Owens Corning (OC) Form 3 for Jonathan Mark Collins show any stock transactions?
No stock transactions are reported for Jonathan Mark Collins in this Form 3. The filing functions as an initial statement of beneficial ownership without listing purchases, sales, or derivative exercises in the transaction tables.
What position does Jonathan Mark Collins hold at Owens Corning (OC)?
Jonathan Mark Collins is identified as EVP & Chief Financial Officer of Owens Corning. This officer role makes him a reporting person subject to SEC insider ownership and transaction disclosure requirements under the federal securities laws.
What exhibit is referenced in Jonathan Mark Collins’s Form 3 for Owens Corning (OC)?
The Form 3 references Exhibit 24 - Power of Attorney. This exhibit authorizes designated individuals to sign SEC ownership reports and related documents on Jonathan Mark Collins’s behalf in connection with his reporting obligations.
Why is a Form 3 filed for Owens Corning (OC) executive Jonathan Mark Collins?
A Form 3 is filed to provide an initial statement of beneficial ownership when someone becomes a reporting person, such as an officer. For Jonathan Mark Collins, it documents his status as EVP & Chief Financial Officer of Owens Corning.
AI-generated analysis. How Rhea-AI works. Not financial advice.