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Owens Corning (OC) EVP adds shares through dividend equivalent grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Owens Corning executive receives small share accrual

Owens Corning EVP and Chief Innovation Officer Jose Mendez-Andino acquired 100.509 shares of $.01 par value common stock on an accrual of dividend equivalents on deferred shares. After this grant, he directly owns 24,430.218 common shares.

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Insider Mendez-Andino Jose
Role EVP, Chief Innovation Officer
Type Security Shares Price Value
Grant/Award $.01 Par Value Common 100.509 $114.95 $12K
Holdings After Transaction: $.01 Par Value Common — 24,430.218 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares acquired 100.509 shares Grant/award acquisition on accrual of dividend equivalents
Reference price per share $114.95 per share Price per share associated with the 100.509-share acquisition
Shares owned after transaction 24,430.218 shares Direct common stock holdings following the grant
dividend equivalents financial
"Accrual of dividend equivalents on deferred shares."
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
deferred shares financial
"Accrual of dividend equivalents on deferred shares."
Deferred shares are a class of stock whose economic benefits or certain shareholder rights are delayed or paid later than ordinary shares—for example, dividends may be paid only after other shareholders receive theirs, or voting or redemption rights may be postponed. For investors, that timing difference matters because deferred shares typically offer lower near-term income and different risk, affecting expected returns, priority in payouts, and the share’s market value; think of them like a delayed paycheck compared with a regular salary.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Mendez-Andino Jose

(Last)(First)(Middle)
ONE OWENS CORNING PARKWAY

(Street)
TOLEDO OHIO 43659

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Owens Corning [ OC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Chief Innovation Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/09/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
$.01 Par Value Common04/09/2026A100.509(1)A$114.9524,430.218D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Accrual of dividend equivalents on deferred shares.
Remarks:
/s/ Katherine M. Serevitch, Attorney-in-Fact04/13/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Owens Corning (OC) disclose in this Form 4 filing?

Owens Corning reported that EVP and Chief Innovation Officer Jose Mendez-Andino acquired 100.509 common shares through an accrual of dividend equivalents on deferred shares, a routine compensation-related transaction that increased his directly held stake in the company.

How many Owens Corning (OC) shares did Jose Mendez-Andino acquire?

Jose Mendez-Andino acquired 100.509 shares of Owens Corning $.01 par value common stock. The acquisition was classified as a grant or award tied to dividend equivalents on deferred shares, rather than an open-market purchase of stock on an exchange.

What is Jose Mendez-Andino’s total Owens Corning (OC) ownership after this grant?

Following the transaction, Jose Mendez-Andino directly owns 24,430.218 shares of Owens Corning common stock. This reflects his updated post-transaction holdings after the 100.509-share accrual connected to dividend equivalents on previously deferred share awards.

How was the Owens Corning (OC) share transaction for Mendez-Andino classified?

The transaction was coded as “A” for a grant, award, or other acquisition of non-derivative common stock. It represents an accrual of dividend equivalents on deferred shares, not a traditional open-market buy or sell executed through a stock exchange.

What does “accrual of dividend equivalents on deferred shares” mean for Owens Corning (OC)?

It means Mendez-Andino received additional common shares that mirror dividends paid on previously deferred share awards. Instead of cash, those dividend equivalents are delivered as extra shares, modestly increasing his equity stake without an open-market purchase.