Owens Corning (OC) director receives 52-share stock unit accrual
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Owens Corning director Martin Paul Edward received additional common shares as compensation-related accruals. On the reported date, he acquired 52.0010 shares of $.01 par value common stock at a reference price of $114.9500 per share. The footnote explains this was an accrual of dividend equivalents on deferred stock units, so it is a routine, non-market grant rather than an open-market purchase. Following this award, his directly held common stock position reported in this filing increased to 7,618.4610 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Martin Paul Edward
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | $.01 Par Value Common | 52.001 | $114.95 | $6K |
Holdings After Transaction:
$.01 Par Value Common — 7,618.461 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares acquired: 52.0010 shares
Reference price per share: $114.9500 per share
Shares held after transaction: 7,618.4610 shares
3 metrics
Shares acquired
52.0010 shares
Grant/award acquisition on $.01 par value common stock
Reference price per share
$114.9500 per share
Value associated with the grant-type acquisition
Shares held after transaction
7,618.4610 shares
Direct common stock holdings following the Form 4 transaction
Key Terms
deferred stock units, dividend equivalents, Grant, award, or other acquisition
3 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""
FAQ
What insider transaction did Owens Corning (OC) report for Martin Paul Edward?
Owens Corning reported that director Martin Paul Edward acquired 52.0010 common shares. This came from a compensation-related accrual of dividend equivalents on deferred stock units, not from an open-market purchase, and modestly increased his reported direct holdings.
Was the Owens Corning (OC) Form 4 transaction an open-market buy or a grant?
The Form 4 shows a grant-type acquisition, coded “A” as a grant, award, or other acquisition. A footnote clarifies it reflects accrual of dividend equivalents on deferred stock units, meaning it is compensation-related, not an open-market stock purchase.
Does the Owens Corning (OC) Form 4 indicate any stock sales by Martin Paul Edward?
The Form 4 does not report any stock sales by Martin Paul Edward. It only records an acquisition coded as a grant or award, reflecting dividend-equivalent accruals on deferred stock units that increased his direct common share holdings.