Owens Corning director awarded 84.53 shares
Owens Corning director Eduardo E. Cordeiro reported an acquisition of 84.53 shares of $.01 par value common stock on 2026-04-09 as a grant/award.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Owens Corning director Eduardo E. Cordeiro reported an acquisition of 84.53 shares of $.01 par value common stock on 2026-04-09 as a grant/award. The filing notes this reflects accrual of dividend equivalents on deferred stock units and brings his direct holdings to 15,517.532 shares.
Insider Trade Summary
Grant/Award: 84.53 shares
Grant/Award
1 txn
Insider
CORDEIRO EDUARDO E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | $.01 Par Value Common | 84.53 | $114.95 | $10K |
Holdings After Transaction:
$.01 Par Value Common — 15,517.532 shares (Direct)
Footnotes (1)
- F1. Accrual of dividend equivalents on deferred stock units.
Key Figures
Shares granted: 84.53 shares
Reported price per share: $114.95 per share
Holdings after transaction: 15,517.532 shares
3 metrics
Shares granted
84.53 shares
Grant/award acquisition on 2026-04-09
Reported price per share
$114.95 per share
Value used for 84.53-share award
Holdings after transaction
15,517.532 shares
Director’s direct common stock holdings post-award
Key Terms
deferred stock units, dividend equivalents, grant, award, or other acquisition, Form 4
4 terms
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.
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.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Owens Corning (OC) report for Eduardo E. Cordeiro?
Owens Corning reported that director Eduardo E. Cordeiro acquired 84.53 shares of $.01 par value common stock. The acquisition is classified as a grant or award, not an open-market purchase, and arises from dividend equivalents on deferred stock units credited to his account.
Was the Owens Corning (OC) Form 4 transaction a stock market purchase or a grant?
The transaction was a grant or award acquisition, not a stock market purchase. The Form 4 identifies the code as “A” for grant, and a footnote clarifies that the 84.53 shares reflect accrual of dividend equivalents on existing deferred stock units held by the director.
What does “accrual of dividend equivalents on deferred stock units” mean for Owens Corning (OC)?
It means the director earns additional share credits when dividends are paid on Owens Corning stock. Those dividend equivalents on his deferred stock units are converted into 84.53 additional common shares, which are then reported as a grant/award acquisition on the Form 4 insider filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
