Owens Corning (OC) director adds 367 dividend-equivalent share units in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Owens Corning director John David Williams reported receiving an additional 367.146 shares of $.01 par value common stock equivalents on April 9, 2026. These were recorded as a grant/award acquisition, reflecting the accrual of dividend equivalents on deferred stock units rather than an open-market purchase.
Following this routine compensation-related accrual, Williams’ directly held and deferred stock unit position reported in this filing increased to 53,789.573 shares. No open-market buying or selling activity was reported in this Form 4.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Williams John David
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | $.01 Par Value Common | 367.146 | $114.95 | $42K |
Holdings After Transaction:
$.01 Par Value Common — 53,789.573 shares (Direct)
Footnotes (1)
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Key Figures
Grant/award shares: 367.146 shares
Reference price per share: $114.95 per share
Holdings after transaction: 53,789.573 shares
3 metrics
Grant/award shares
367.146 shares
Grant/award acquisition of common stock equivalents on April 9, 2026
Reference price per share
$114.95 per share
Valuation of the 367.146 awarded share equivalents
Holdings after transaction
53,789.573 shares
Total directly reported holdings following the Form 4 transaction
Key Terms
dividend equivalents, deferred stock units, grant/award 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 acquisition financial
"transaction_action": "grant/award acquisition""
FAQ
What insider transaction did Owens Corning (OC) report for John David Williams?
Owens Corning director John David Williams reported acquiring 367.146 additional common stock equivalents. The Form 4 shows this as a grant or award tied to dividend equivalents on deferred stock units, not as an open-market share purchase or sale.
Was the Owens Corning (OC) Form 4 transaction a market buy or sell?
The Form 4 does not show a market buy or sell. It records a grant or award acquisition coded “A”, representing 367.146 shares from dividend equivalents on deferred stock units, a routine compensation mechanism rather than an open-market trade by the director.
What does “accrual of dividend equivalents on deferred stock units” mean for Owens Corning (OC)?
The footnote explains the director received extra deferred stock units as dividend equivalents. Instead of cash dividends, additional share equivalents accumulate on existing deferred units, increasing the reported holdings without the director buying shares in the open market.