Owens Corning (OC) director gains 124.959-share dividend-equivalent award

Rhea-AI Filing Summary

Owens Corning director Adrienne Elsner received an equity award tied to dividend equivalents. On April 9, 2026, she acquired 124.959 shares of $.01 par value common stock at a reference price of $114.95 per share through accrual of dividend equivalents on deferred stock units. Following this award, she directly holds 18,307.134 shares of Owens Corning common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Elsner Adrienne

Role Director

Type	Security	Shares	Price	Value
Grant/Award	$.01 Par Value Common	124.959	$114.95	$14K

Holdings After Transaction: $.01 Par Value Common — 18,307.134 shares (Direct)

Footnotes (1)

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Key Figures

Shares awarded: 124.959 shares Reference price per share: $114.95 per share Total direct holdings after award: 18,307.134 shares

3 metrics

Shares awarded 124.959 shares Equity award on April 9, 2026

Reference price per share $114.95 per share Value used for the 124.959-share award

Total direct holdings after award 18,307.134 shares Owens Corning common stock held by Adrienne Elsner

Key Terms

dividend equivalents, deferred stock units, Grant, award, or other acquisition

3 terms

dividend equivalents financial

"Accrual of dividend equivalents on deferred stock units."

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 stock units financial

"Accrual of dividend equivalents on deferred stock units."

Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.

Grant, award, or other acquisition regulatory

"transaction_code_description: Grant, award, or other acquisition"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Elsner Adrienne

(Last) (First) (Middle)

ONE OWENS CORNING PKWY

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/09/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
$.01 Par Value Common	04/09/2026		A		124.959(1)	A	$114.95	18,307.134	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Accrual of dividend equivalents on deferred stock units.

Remarks:

	/s/ Katherine M. Serevitch, Attorney-in-Fact	04/13/2026
	** Signature of Reporting Person	Date
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 insider transaction did Owens Corning (OC) report for Adrienne Elsner?

Owens Corning reported that director Adrienne Elsner acquired 124.959 shares of common stock as an equity award. The shares were credited on April 9, 2026 through dividend equivalents on deferred stock units, increasing her direct holdings to 18,307.134 shares.

Was Adrienne Elsner’s Owens Corning (OC) Form 4 transaction a market purchase or a grant?

The Form 4 shows a grant-type acquisition, not a market purchase. Code “A” and the description indicate a grant or award, specifically from the accrual of dividend equivalents on deferred stock units, rather than an open-market buy or sell transaction.

How many Owens Corning (OC) shares does Adrienne Elsner hold after this Form 4 transaction?

After the April 9, 2026 award, Adrienne Elsner directly holds 18,307.134 shares of Owens Corning common stock. This total reflects the addition of 124.959 shares credited as dividend equivalents on her deferred stock units position.

What does the $114.95 figure represent in Adrienne Elsner’s Owens Corning (OC) Form 4?

The Form 4 lists a transaction price of $114.95 per share for the 124.959-share award. This amount functions as a reference value for the accrual of dividend equivalents on deferred stock units, rather than a price paid in an open-market transaction.

How were Owens Corning (OC) dividend equivalents involved in this Form 4 transaction?

A footnote explains the new shares reflect accrual of dividend equivalents on deferred stock units. Instead of cash dividends, additional stock units worth the dividend amount were credited, resulting in 124.959 new common shares for director Adrienne Elsner.