Owens Corning (OC) EVP Jose Mendez-Andino gains 77.243 shares via dividend equivalents
Rhea-AI Filing Summary
Owens Corning executive Jose Mendez-Andino, EVP and Chief Innovation Officer, reported a compensation-related acquisition of 77.243 shares of $.01 par value common stock on 2026-08-06. The shares reflect an accrual of dividend equivalents on deferred shares, at a reference price of $150.6000 per share. Following this accrual, his directly held balance increased to 24,507.461 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 77.243 shares
Net Buy
1 txn
Insider
Mendez-Andino Jose
Role
EVP, Chief Innovation Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | $.01 Par Value Common F1 | 77.243 | $150.60 | $12K |
Holdings After Transaction:
$.01 Par Value Common — 24,507.461 shares (Direct)
Footnotes (1)
- F1. Accrual of dividend equivalents on deferred shares.
Key Figures
Shares acquired: 77.243 shares
Reference price per share: $150.6000
Post-transaction holdings: 24,507.461 shares
3 metrics
Shares acquired
77.243 shares
Grant, award, or other acquisition on 2026-08-06
Reference price per share
$150.6000
Price associated with the 77.243-share acquisition
Post-transaction holdings
24,507.461 shares
Directly held Owens Corning common stock after the transaction
Key Terms
dividend equivalents, deferred shares
2 terms
dividend equivalents financial
"Accrual of dividend equivalents on deferred shares."
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Owens Corning (OC) executive Jose Mendez-Andino report in this Form 4?
He reported a compensation-related acquisition of 77.243 shares of Owens Corning $.01 par value common stock on 2026-08-06, increasing his directly held position to 24,507.461 shares.
What are Jose Mendez-Andino’s total Owens Corning (OC) holdings after this transaction?
After the reported accrual, his directly held position is 24,507.461 shares of Owens Corning common stock. This figure reflects the addition of 77.243 shares linked to dividend equivalents on deferred shares.
Was this Owens Corning (OC) insider transaction under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as a plan transaction. Combined with the code “A” and the footnote, this indicates a grant-type accrual of dividend equivalents, not trading under a pre-arranged plan.