Owens Corning (OC) director Elsner gains 112 dividend-equivalent shares

Rhea-AI Filing Summary

Owens Corning director Adrienne Elsner reported an automatic increase in her holdings of the company’s $.01 par value common stock. On January 21, 2026, she was credited with 112.085 shares at a reference price of $124.68 per share, classified as an acquisition rather than a sale. This adjustment reflects the accrual of dividend equivalents on deferred stock units, meaning dividends paid on deferred stock units were converted into additional share units.

Following this transaction, Elsner’s beneficial ownership rose to 17,801.175 shares, held in direct form. The event represents a routine, compensation-related change to a director’s equity position rather than an open-market trade.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Elsner Adrienne

(Last) (First) (Middle)

ONE OWENS CORNING PKWY

(Street)

TOLEDO OH 43659

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Owens Corning [ OC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/21/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
$.01 Par Value Common	01/21/2026		A		112.085(1)	A	$124.68	17,801.175	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Accrual of dividend equivalents on deferred stock units.

Remarks:

	/s/ Katherine M. Serevitch, Attorney-in-Fact	01/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What insider transaction did Owens Corning (OC) disclose for Adrienne Elsner?

Owens Corning disclosed that director Adrienne Elsner had 112.085 shares of $.01 par value common stock credited to her account on January 21, 2026, recorded as an acquisition.

How many Owens Corning (OC) shares does Adrienne Elsner own after this Form 4 transaction?

After the reported transaction, Adrienne Elsner beneficially owns 17,801.175 Owens Corning common shares, shown as direct ownership in the filing.

What is the nature of the new Owens Corning (OC) shares reported for Adrienne Elsner?

The filing explains that the additional 112.085 shares result from the accrual of dividend equivalents on deferred stock units, not from an open-market purchase or sale.

At what price were the new Owens Corning (OC) shares for Adrienne Elsner recorded?

The 112.085 acquired shares of Owens Corning common stock were reported with a reference price of $124.68 per share in the Form 4.

Is Adrienne Elsner an officer or director of Owens Corning (OC) in this Form 4?

In the Form 4, Adrienne Elsner is identified as a director of Owens Corning and is not listed as an officer or 10% owner.

Was the reported Owens Corning (OC) transaction by Adrienne Elsner direct or indirect ownership?

The Form 4 shows the 17,801.175 shares held by Adrienne Elsner following the transaction as direct (D) ownership, with no indirect ownership entity noted.