Director at Owens Corning (NYSE: OC) gains 140 shares via award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Owens Corning director Suzanne P. Nimocks acquired 140.015 shares of $.01 par value common stock through a grant on April 9, 2026. The award reflects the accrual of dividend equivalents on deferred stock units at a reference price of $114.95 per share. Following this non‑market acquisition, she directly holds a total of 36,093.479 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Nimocks Suzanne P
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | $.01 Par Value Common | 140.015 | $114.95 | $16K |
Holdings After Transaction:
$.01 Par Value Common — 36,093.479 shares (Direct)
Footnotes (1)
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Key Figures
Shares granted: 140.015 shares
Reference price per share: $114.95 per share
Total shares after transaction: 36,093.479 shares
3 metrics
Shares granted
140.015 shares
Grant/award on April 9, 2026
Reference price per share
$114.95 per share
Value used for the 140.015-share grant
Total shares after transaction
36,093.479 shares
Director’s direct holdings following the grant
Key Terms
dividend equivalents, deferred stock units, grant, award, or other acquisition
3 terms
dividend equivalents financial
"Accrual of dividend equivalents on deferred stock units."
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
deferred stock units financial
"Accrual of dividend equivalents on deferred stock units."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Owens Corning (OC) report for Suzanne P. Nimocks?
Owens Corning reported that director Suzanne P. Nimocks acquired 140.015 shares of common stock on April 9, 2026. The acquisition came through a grant linked to dividend equivalents on deferred stock units rather than an open-market purchase.
Was the Owens Corning (OC) insider transaction an open-market buy or a grant?
The transaction was a grant or award, not an open-market purchase. It represents the accrual of dividend equivalents on deferred stock units, which increased the director’s holdings without a traditional market trade.
What does “dividend equivalents on deferred stock units” mean for Owens Corning (OC) insiders?
Dividend equivalents on deferred stock units give insiders additional share credits when dividends are declared. Instead of receiving cash, the value of dividends is converted into extra stock units, as seen in the 140.015-share accrual for director Suzanne P. Nimocks.