Stock award to Owens Corning (NYSE: OC) EVP with tax-share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Owens Corning EVP and Chief Innovation Officer Jose Mendez-Andino received 9,517 shares of $.01 par value common stock as a grant/award in connection with the settlement of performance share units for the performance cycle ended December 31, 2025.
To satisfy tax withholding obligations, 4,246 shares were withheld at a price of $123.48 per share, as a tax-withholding disposition rather than an open-market sale. After these transactions, he directly holds 24,329.709 shares of Owens Corning common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Mendez-Andino Jose
Role
EVP, Chief Innovation Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | $.01 Par Value Common | 9,517 | $0.00 | -- |
| Tax Withholding | $.01 Par Value Common | 4,246 | $123.48 | $524K |
Holdings After Transaction:
$.01 Par Value Common — 28,575.709 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 does Owens Corning (OC) latest Form 4 filing show for Jose Mendez-Andino?
The Form 4 shows Jose Mendez-Andino received 9,517 Owens Corning shares as a stock award tied to performance share units. 4,246 shares were withheld to cover taxes, leaving him with 24,329.709 shares held directly.
Was the Owens Corning (OC) Form 4 transaction a stock sale by the executive?
No, the Form 4 indicates a tax-withholding disposition, not an open-market sale. 4,246 shares were withheld upon settlement of performance share units to satisfy tax obligations, while 9,517 shares were granted to the executive.
What is the nature of the stock award reported for Owens Corning (OC) executive Jose Mendez-Andino?
The award represents shares issued upon settlement of performance share units for the performance cycle ended December 31, 2025. He was granted 9,517 shares, with part of the award used to meet tax withholding requirements.