Owens Corning (OC) director Alfred Festa earns 75.6 dividend-equivalent shares
Rhea-AI Filing Summary
Owens Corning director Alfred E. Festa reported an increase in his holdings through an automatic, non-cash adjustment. On January 21, 2026, he acquired 75.649 shares of Owens Corning $.01 par value common stock at a reference price of $124.68 per share. The filing explains this was an accrual of dividend equivalents on deferred stock units, meaning his deferred stock account was credited for dividends, rather than a typical open-market purchase. Following this transaction, Festa beneficially owned 12,014.833 shares, held directly.
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FAQ
What insider transaction did Owens Corning (OC) report for Alfred E. Festa?
Owens Corning (OC) reported that director Alfred E. Festa had 75.649 shares of $.01 par value common stock credited to his account on January 21, 2026 through an automatic accrual of dividend equivalents on deferred stock units.
Was the Alfred E. Festa transaction an open-market trade in Owens Corning (OC) shares?
No. The Form 4 states the transaction was an accrual of dividend equivalents on deferred stock units, which is a non-cash adjustment to deferred stock, not an open-market purchase or sale.
How many Owens Corning (OC) shares does Alfred E. Festa own after this Form 4 transaction?
After the reported transaction, Alfred E. Festa beneficially owned 12,014.833 shares of Owens Corning $.01 par value common stock, held directly.
What was the reference price used for Alfred E. Festas Owens Corning (OC) share accrual?
The Form 4 lists a price of $124.68 per share for the 75.649 shares credited as dividend equivalents on deferred stock units.
What is the role of Alfred E. Festa at Owens Corning (OC)?
According to the Form 4, Alfred E. Festa is a director of Owens Corning and is not listed as an officer or 10% owner.
Is Alfred E. Festas ownership in Owens Corning (OC) classified as direct or indirect?
The Form 4 indicates that Alfred E. Festas 12,014.833 shares are held with direct (D) ownership, with no indirect ownership entity described in the footnotes.