Owens Corning (OC) director accrues 74.886 dividend-equivalent shares
Rhea-AI Filing Summary
Owens Corning director Eduardo E. Cordeiro reported an automatic increase in his holdings through dividend equivalents on deferred stock units. On 01/21/2026, he acquired 74.886 shares of Owens Corning $.01 par value common stock at a reference price of $124.68 per share, coded as an acquisition. After this transaction, he beneficially owned 15,027.002 shares, all reported as directly held. The footnote clarifies that this change reflects the accrual of dividend equivalents, meaning additional stock units credited in lieu of cash dividends on previously deferred stock units, rather than a typical open-market purchase.
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FAQ
What insider transaction did Owens Corning (OC) report for Eduardo E. Cordeiro?
Owens Corning reported that director Eduardo E. Cordeiro acquired 74.886 shares of $.01 par value common stock on 01/21/2026, recorded as an acquisition under transaction code A.
How many Owens Corning (OC) shares does Eduardo E. Cordeiro now beneficially own?
After the reported transaction, Eduardo E. Cordeiro beneficially owned 15,027.002 shares of Owens Corning $.01 par value common stock, reported as direct ownership.
What was the price used in the Owens Corning (OC) Form 4 transaction?
The transaction used a reference price of $124.68 per share for the 74.886 shares acquired on 01/21/2026, as shown in the Form 4.
What does the footnote about dividend equivalents mean in the Owens Corning (OC) Form 4?
The footnote explains that the transaction reflects the accrual of dividend equivalents on deferred stock units, meaning additional stock units were credited instead of paying cash dividends on previously deferred units.
Is the Owens Corning (OC) Form 4 transaction by Eduardo E. Cordeiro direct or indirect ownership?
The Form 4 reports the 15,027.002 shares following the transaction as held under direct (D) ownership by Eduardo E. Cordeiro.
What role does Eduardo E. Cordeiro hold at Owens Corning (OC) according to the Form 4?
The Form 4 identifies Eduardo E. Cordeiro as a director of Owens Corning and not a 10% owner or officer.