OC insider acquires shares via dividend equivalents at $147.17
Rhea-AI Filing Summary
Suzanne P. Nimocks, a director of Owens Corning (OC), reported an acquisition of common stock on 08/07/2025 recorded under transaction code A. The report lists a per-share price of $147.17 and shows total direct beneficial ownership of 34,510.956 shares following the transaction. The filing notes the action as an accrual of dividend equivalents on deferred stock units, indicating these units were converted or credited as equity. No derivative securities are reported on this form. The entry documents an increase in registered direct holdings as a result of equity compensation-related accruals.
Positive
- Director increased direct beneficial ownership to 34,510.956 shares following accrual of dividend equivalents on deferred stock units
Negative
- None.
Insights
TL;DR: Insider recorded an equity accrual that raised direct holdings to 34,510.956 shares; appears compensation-related and not a market purchase.
The Form 4 reports an acquisition under code A tied to dividend-equivalent accruals on deferred stock units with a listed price of $147.17 and resulting direct beneficial ownership of 34,510.956 shares. This type of entry typically reflects compensation accounting rather than a deliberate open-market investment decision by the director. The magnitude reported is explicit on the form but the filing contains no information about total outstanding shares or materiality relative to float, so investor impact cannot be quantified from this filing alone.
TL;DR: Director received equity through dividend-equivalent accruals; disclosure aligns with Section 16 reporting requirements.
The filing names Suzanne P. Nimocks as the reporting person and indicates the transaction resulted from accrual of dividend equivalents on deferred stock units. The form shows the post-transaction direct ownership level and lists the transaction code and per-share price, satisfying required disclosure of insider holdings and compensation-related equity conversions. There is no indication of sales, exercises, or derivative transactions in this submission.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | $.01 Par Value Common | 98.427 | $147.17 | $14K |
Footnotes (1)
- [object Object]
FAQ
What transaction did Owens Corning insider Suzanne Nimocks report on Form 4 (OC)?
What price is shown on the Form 4 for the acquisition reported by the OC director?
Was the reported transaction a derivative or an equity accrual?
Who filed the Form 4 on behalf of Suzanne Nimocks?