Owens Corning (OC) EVP-CFO-COO gets 8,147-share RSU grant in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Owens Corning executive Todd W. Fister received a stock award of 8,147 common shares. The EVP, CFO and COO acquired these shares at a grant value of $122.73 per share as a compensation-related award, not an open-market purchase.
Following this grant, Fister directly holds 53,098.812 shares of Owens Corning common stock. The award consists of restricted stock units granted under the Owens Corning 2023 Stock Plan, highlighting equity-based compensation rather than trading activity.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fister Todd W
Role
EVP, CFO and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | $.01 Par Value Common | 8,147 | $122.73 | $1000K |
Holdings After Transaction:
$.01 Par Value Common — 53,098.812 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 8,147 shares
Grant value per share: $122.73 per share
Total shares after transaction: 53,098.812 shares
3 metrics
Shares granted
8,147 shares
Restricted stock unit award to EVP, CFO and COO
Grant value per share
$122.73 per share
Reported price for the 8,147-share award
Total shares after transaction
53,098.812 shares
Direct holdings of Todd W. Fister after grant
Key Terms
restricted stock units, Owens Corning 2023 Stock Plan, Form 4
3 terms
restricted stock units financial
"Restricted stock units granted under the Owens Corning 2023 Stock Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Owens Corning 2023 Stock Plan financial
"Restricted stock units granted under the Owens Corning 2023 Stock Plan."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Owens Corning (OC) executive Todd W. Fister report on this Form 4?
Todd W. Fister reported receiving a grant of 8,147 Owens Corning common shares. The award was compensation-related, not an open-market purchase, and was issued under the Owens Corning 2023 Stock Plan as restricted stock units at a reference value of $122.73 per share.
Is Todd W. Fister buying or selling Owens Corning (OC) stock in this filing?
He is not buying or selling in the market; he is receiving shares. The Form 4 shows an acquisition coded as a grant or award of 8,147 restricted stock units, reflecting equity compensation rather than discretionary trading activity by the executive.
What type of equity award did Owens Corning (OC) grant to Todd W. Fister?
He received restricted stock units under the Owens Corning 2023 Stock Plan. The filing notes that the 8,147-share award represents RSUs rather than stock options, aligning his compensation with Owens Corning’s equity-based incentive framework for senior executives.