OC Form 4: Director Eduardo Cordeiro Acquired 308 Shares via Retainer Deferral
Rhea-AI Filing Summary
Owens Corning director Eduardo E. Cordeiro reported acquiring 308 shares of Owens Corning common stock on 08/08/2025 as the deferred-share portion of his quarterly director retainer/fees. The Form 4 shows a per-share price of $143.88, records the ownership form as direct, and includes the explanatory note that the shares represent a deferral of director compensation. No derivative securities were reported in the filing. The Form 4 was signed on the filing by Katherine M. Serevitch, Attorney-in-Fact, on 08/12/2025.
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Insights
Director acquired 308 deferred shares at $143.88; transaction appears routine and not materially impactful.
The filing documents a non-market acquisition: 308 shares were issued as the deferred portion of the director quarterly retainer, with a reported price of $143.88 per share and direct beneficial ownership. Because the transaction is compensation-related and limited in size as presented, it does not, on its face, signal a material change to ownership or company operations. No derivatives are reported, and the form serves as a compliance disclosure of the change in beneficial ownership.
Compensation deferral into equity for a director is disclosed; the Form 4 documents routine governance and compensation practice.
The report explicitly identifies the shares as the deferred-share portion of a quarterly director retainer, indicating use of equity deferral for non-employee director compensation. The filing shows direct ownership change and includes an attorney-in-fact signature dated 08/12/2025. From a governance perspective this is a standard disclosure of compensation-related equity issuance rather than an indication of strategic or operational developments.