Owens Corning (NYSE: OC) executive reports stock award, tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Owens Corning executive Jose Manuel Canovas De La Nuez reported stock-based compensation activity involving company common shares. He acquired 1,809 shares at a price of $0.0000 per share through a grant or award tied to performance share units for the performance cycle ended December 31, 2025. In a related tax-withholding disposition, 836 shares were withheld at $123.4800 per share to satisfy tax obligations upon settlement of those units. Following these transactions, he directly owned 16,635 shares of Owens Corning common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Canovas De La Nuez Jose Manuel
Role
President, Insulation
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | $.01 Par Value Common | 1,809 | $0.00 | -- |
| Tax Withholding | $.01 Par Value Common | 836 | $123.48 | $103K |
Holdings After Transaction:
$.01 Par Value Common — 17,471 shares (Direct)
Footnotes (1)
- Awarded in connection with the settlement of performance share units for the performance cycle ended December 31, 2025. Shares withheld upon the settlement of performance share units to satisfy tax withholding obligations.
FAQ
What insider transactions did Owens Corning (OC) report for Jose Manuel Canovas De La Nuez?
Owens Corning reported that Jose Manuel Canovas De La Nuez received a stock grant of 1,809 common shares and had 836 shares withheld to cover taxes. Both transactions involved $.01 par value common stock and occurred on February 25, 2026.
Was the Owens Corning (OC) insider transaction a stock purchase or compensation award?
The activity was a compensation-related award, not an open-market purchase. 1,809 shares were granted in connection with settling performance share units for a cycle ending December 31, 2025, reflecting equity-based compensation for the Owens Corning executive.