Owens Corning (NYSE: OC) awards shares, withholds stock for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Owens Corning President, Roofing Nicolas Del Monaco reported equity compensation activity involving company common stock. He acquired 2,643 shares at $0.00 per share as a grant in connection with the settlement of performance share units for the performance cycle ended December 31, 2025.
To cover tax withholding obligations on this settlement, 1,118 shares were disposed of at $123.48 per share through a tax-withholding transaction, rather than an open-market sale. After these transactions, Del Monaco directly owned 20,520 Owens Corning shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Del Monaco Nicolas
Role
President, Roofing
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | $.01 Par Value Common | 2,643 | $0.00 | -- |
| Tax Withholding | $.01 Par Value Common | 1,118 | $123.48 | $138K |
Holdings After Transaction:
$.01 Par Value Common — 21,638 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 Nicolas Del Monaco?
Owens Corning reported that Nicolas Del Monaco received a 2,643-share stock grant tied to performance share units and had 1,118 shares withheld to cover taxes. These non-market transactions reflect routine equity compensation and tax withholding activity.
Was the Owens Corning (OC) insider transaction an open-market stock sale?
No, the Form 4 shows a tax-withholding disposition of 1,118 shares at $123.48 per share. The shares were withheld to satisfy tax obligations related to settling performance share units, not sold through an open-market transaction.
What do the transaction codes A and F mean in the Owens Corning (OC) Form 4?
Code A indicates an award or other acquisition of 2,643 shares as settlement of performance units. Code F reflects a tax-withholding disposition, where 1,118 shares were withheld at $123.48 per share to satisfy tax obligations.