OC Insider Activity: Director Gains 29.872 Shares via Dividend Equivalents
Rhea-AI Filing Summary
Owens Corning (OC) director Martin Paul Edward reported an acquisition of company common shares tied to dividend equivalents on deferred stock units. The Form 4 shows an acquisition on 08/07/2025 of 29.872 shares of $.01 par value common stock at an indicated price of $147.17 per share, increasing the reporting person’s beneficial ownership to 6,401.207 shares in a direct ownership form.
The filing identifies the transaction code as an acquisition and includes a footnote stating the activity represents the accrual of dividend equivalents on deferred stock units. No derivative transactions, option exercises, or disposals are reported on this form.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine small acquisition of shares from accrued dividend equivalents; likely immaterial to market pricing.
The Form 4 documents a direct acquisition of 29.872 shares at $147.17, bringing total beneficial ownership to 6,401.207 shares. The transaction is explicitly characterized as the accrual of dividend equivalents on deferred stock units, which is a common administrative crediting event for insiders. There are no reported disposals or derivative positions on this filing. Based on the details disclosed, this appears to be a routine, non-dispositive insider crediting rather than a deliberate open-market purchase or sale.
TL;DR: Director participation in deferred stock unit program confirmed; transaction aligns with compensation plan mechanics.
The filing indicates the reporting person is a director and that the shares were credited as dividend equivalents on deferred stock units (footnote 1). This confirms the director participates in a deferred equity program where dividend equivalents are converted to additional shares or units. The form shows the resulting direct beneficial ownership of 6,401.207 shares, with no indication of changes to governance roles or control. The disclosure is consistent with routine equity compensation administration.