Owens Corning (OC) awards 3,250-share RSU grant to Insulation president
Rhea-AI Filing Summary
Canovas De La Nuez Jose Manuel reported acquisition or exercise transactions in this Form 4 filing.
Owens Corning executive Jose Manuel Canovas De La Nuez, President, Insulation, received a grant of 3,250 shares of $.01 par value common stock on August 10, 2026. The award consists of restricted stock units granted under the Owens Corning 2023 Stock Plan. Following this equity award, his directly held position increased to 18,955 shares of common stock.
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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 3,250 shares
Net Buy
1 txn
Insider
Canovas De La Nuez Jose Manuel
Role
President, Insulation
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | $.01 Par Value Common F1 | 3,250 | $153.80 | $500K |
Holdings After Transaction:
$.01 Par Value Common — 18,955 shares (Direct)
Footnotes (1)
- F1. Restricted stock units granted under the Owens Corning 2023 Stock Plan.
Key Figures
Shares granted: 3,250 shares
Grant value per share: $153.80 per share
Shares held after transaction: 18,955 shares
3 metrics
Shares granted
3,250 shares
Restricted stock unit grant on August 10, 2026
Grant value per share
$153.80 per share
Reported transaction price for the RSU grant
Shares held after transaction
18,955 shares
Direct common stock holdings following the grant
Key Terms
restricted stock units, Form 4, grant/award acquisition, 2023 Stock Plan
4 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.
Form 4 regulatory
"The Form 4 shows a grant/award acquisition, coded “A,”"
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.
grant/award acquisition financial
"The Form 4 shows a grant/award acquisition, coded “A,”"
2023 Stock Plan financial
"Restricted stock units granted under the Owens Corning 2023 Stock Plan"
FAQ
What insider transaction did Owens Corning (OC) report for Jose Manuel Canovas De La Nuez?
Owens Corning reported that President, Insulation, Jose Manuel Canovas De La Nuez acquired 3,250 shares of common stock as a grant of restricted stock units under the company’s 2023 Stock Plan on August 10, 2026.
Was the Owens Corning (OC) Form 4 transaction a grant or an open-market trade?
The Form 4 shows a grant/award acquisition, coded “A,” representing restricted stock units granted under the Owens Corning 2023 Stock Plan, rather than an open-market purchase or sale at the prevailing market price.
What plan governs the restricted stock units granted by Owens Corning (OC) in this Form 4?
The restricted stock units granted to Jose Manuel Canovas De La Nuez were issued under the Owens Corning 2023 Stock Plan, as indicated in the footnote attached to the reported transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.