OC Form 4: Director Eduardo Cordeiro records 51.385-share accrual
Rhea-AI Filing Summary
Owens Corning director Eduardo E. Cordeiro reported an acquisition on 08/07/2025 tied to the accrual of dividend equivalents on deferred stock units. The Form 4 records an acquisition (Code A) of 51.385 shares at a reported price of $147.17, with 14,144.69 shares beneficially owned following the transaction. The ownership is reported as Direct. The filing lists the reporting person as a Director of Owens Corning (OC) and was signed by an attorney-in-fact on behalf of the reporting person.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine, small accrual increases a director's direct holdings; not likely material to valuation.
The Form 4 shows a reported acquisition of 51.385 shares at $147.17 associated with the accrual of dividend equivalents on deferred stock units. Following the reported transaction the director beneficially owns 14,144.69 shares in direct form. This appears to be a compensation-related accrual rather than a market purchase, and the absolute size of the reported share change is modest relative to the total reported holding, suggesting limited immediate market impact.
TL;DR: Transaction aligns director compensation with equity ownership; governance signal is neutral to modestly positive.
The disclosure explicitly ties the transaction to dividend-equivalent accruals on deferred stock units, indicating the move stems from the company's deferred compensation arrangements. Reporting the resulting 14,144.69 directly owned shares provides transparency on insider alignment. Because the change reported is relatively small in absolute terms and documented as an accrual, this filing represents a routine governance disclosure rather than a material corporate action.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | $.01 Par Value Common | 51.385 | $147.17 | $8K |
Footnotes (1)
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FAQ
What transaction did Owens Corning (OC) report on this Form 4?
Who filed the Form 4 for Owens Corning (OC)?
What price is shown on the Form 4 transaction?