STOCK TITAN

Owens Corning (OC) director adds 84.53 shares via stock award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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)
  1. [object Object]
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
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.
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*
CORDEIRO EDUARDO E

(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)
XDirector10% 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)
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 Common04/09/2026A84.53(1)A$114.9515,517.532D
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 stock units.
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 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.

How many Owens Corning (OC) shares does Eduardo E. Cordeiro hold after this Form 4?

After this reported transaction, Eduardo E. Cordeiro directly holds 15,517.532 Owens Corning common shares. This total includes the additional 84.53 shares credited through the grant related to dividend equivalents on his deferred stock units as disclosed in the Form 4 filing.

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.

What price per share is shown for Eduardo E. Cordeiro’s Owens Corning (OC) share award?

The Form 4 lists a transaction price of $114.95 per share for the 84.53 awarded shares. This figure typically reflects the fair market value used for reporting this type of stock-based award associated with dividend equivalents on the director’s deferred stock units.