Owens Corning (OC) executive faces 482-share tax withholding on RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Owens Corning executive Jose Manuel Canovas De La Nuez, President of Insulation, had 482 shares of $.01 par value common stock withheld on February 2, 2026 at $122.17 per share to cover tax obligations on vesting restricted stock units. After this transaction, he beneficially owns 11,904 common shares. The total holdings figure includes a prior acquisition of 10 shares through the company’s Employee Stock Purchase Plan on November 28, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Canovas De La Nuez Jose Manuel
Role
President, Insulation
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | $.01 Par Value Common | 482 | $122.17 | $59K |
Holdings After Transaction:
$.01 Par Value Common — 11,904 shares (Direct)
Footnotes (1)
- Shares withheld upon vesting of restricted stock units to satisfy tax withholding obligations. The total amount of holdings reflects an acquisition on November 28, 2025 of 10 shares through the Issuer's Employee Stock Purchase Plan which is exempt under Rule 16b-3(c).
FAQ
What insider transaction did Owens Corning (OC) report in this Form 4?
Owens Corning reported a routine tax-related share withholding. Executive Jose Manuel Canovas De La Nuez had 482 shares of common stock withheld on February 2, 2026 to satisfy tax withholding obligations arising from vesting restricted stock units at a price of $122.17 per share.
Who is the reporting person in the Owens Corning (OC) Form 4 filing?
The reporting person is Jose Manuel Canovas De La Nuez. He is an officer of Owens Corning, serving as President, Insulation. The filing reflects his personal beneficial ownership and a routine transaction tied to tax withholding on vesting restricted stock units, not an open-market discretionary sale.
Was the Owens Corning (OC) Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. The Form 4 shows transaction code “F,” indicating 482 shares were withheld by the company to satisfy tax withholding obligations when restricted stock units vested, rather than shares being sold on the open market.
What does the Employee Stock Purchase Plan note mean in the Owens Corning (OC) Form 4?
The filing notes a prior ESPP acquisition of 10 shares. It states that the total holdings include 10 shares acquired on November 28, 2025 through Owens Corning’s Employee Stock Purchase Plan, which is treated as exempt under Rule 16b-3(c) for reporting purposes.