Owens Corning (OC) director granted 406 deferred shares as board fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CORDEIRO EDUARDO E reported acquisition or exercise transactions in this Form 4 filing.
Owens Corning director Eduardo E. Cordeiro received an equity award of 406 common shares as part of his quarterly board compensation. The shares, valued at $122.07 per share, are described as the deferred share portion of his quarterly director retainer and fees. Following this grant, Cordeiro directly holds a total of 15,433.002 Owens Corning common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CORDEIRO EDUARDO E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | $.01 Par Value Common | 406 | $122.07 | $50K |
Holdings After Transaction:
$.01 Par Value Common — 15,433.002 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Owens Corning (OC) report for Eduardo Cordeiro?
Owens Corning reported that director Eduardo E. Cordeiro acquired 406 common shares through an equity award. This grant represents the deferred share portion of his quarterly director retainer and fees rather than an open-market stock purchase.
Was the Owens Corning (OC) Form 4 transaction a stock purchase or an award?
The Form 4 transaction for Owens Corning director Eduardo E. Cordeiro was an award, coded as a grant or other acquisition. It reflects deferred shares issued as part of his quarterly director retainer and fee compensation, not a market buy or sell.
Is the Owens Corning (OC) Form 4 transaction a buy or sell in the market?
The Form 4 transaction is not a market buy or sell. It is an acquisition coded as a grant or award, reflecting 406 deferred common shares issued to director Eduardo E. Cordeiro as part of his quarterly retainer and fee compensation package.