OC Form 4: Director receives 365 shares as retainer compensation
Rhea-AI Filing Summary
Owens Corning director Michelle T. Collins received 365 shares of Owens Corning common stock as the share portion of her quarterly director retainer/fees on 08/08/2025. The reported transaction lists an acquisition price of $143.88 per share, and shows her direct beneficial ownership after the transaction as 1,090 shares. The Form 4 indicates the filing was made by one reporting person and the shares were non-derivative common stock.
This disclosure documents a compensation-related issuance rather than an open-market purchase and provides a precise update to the director’s direct ownership stake in the company.
Positive
- None.
Negative
- None.
Insights
Insider received compensation in stock; small direct holding increase, not a market buy.
The Form 4 shows Michelle T. Collins, an Owens Corning director, acquired 365 common shares as the share portion of quarterly director retainer/fees at $143.88 per share, raising her direct beneficial ownership to 1,090 shares. This is a non-derivative, compensation-driven issuance recorded on 08/08/2025 and reported by one reporting person. From a securities-disclosure perspective, the filing updates ownership levels but does not reflect a discretionary market purchase.
Routine director compensation converted to stock; governance disclosure appears complete and standard.
The report identifies the shares as the share portion of a quarterly director retainer, which is a common governance practice to align director interests with shareholders. The Form 4 lists direct ownership and the nature of the transaction explicitly. The transaction size (365 shares) and resulting total (1,090 shares) should be evaluated relative to overall ownership thresholds, but the filing itself is a standard, routine disclosure under Section 16 rules.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | $.01 Par Value Common | 365 | $143.88 | $53K |
Footnotes (1)
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FAQ
What transaction did Michelle T. Collins report on Form 4 for Owens Corning (OC)?
On what date was the transaction for OC reported to occur?
Was the Form 4 filed jointly or by one reporting person for OC?