Owens Corning (OC) director Edward Lonergan granted dividend-equivalent and fee-based shares
Rhea-AI Filing Summary
Owens Corning director Edward F. Lonergan reported two stock-based award accruals in $.01 par value common shares. On 2026-08-06, he acquired 273.3200 shares at $150.6000 per share, noted as an accrual of dividend equivalents on deferred stock units. On 2026-08-07, he acquired a further 581.0000 shares at $157.1000 per share, described as the deferred share portion of his quarterly Director retainer/fees. Both transactions are coded as grants or awards and are reported as direct ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 854.32 shares
Net Buy
2 txns
Insider
Lonergan Edward F
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | $.01 Par Value Common F2 | 581 | $157.10 | $91K |
| Grant/Award | $.01 Par Value Common F1 | 273.32 | $150.60 | $41K |
Holdings After Transaction:
$.01 Par Value Common — 54,957.741 shares (Direct)
Footnotes (2)
- F1. Accrual of dividend equivalents on deferred stock units.
- F2. Deferred share portion of quarterly Director retainer/fees.
Key Figures
Dividend equivalent shares: 273.3200 shares at $150.6000 per share
Deferred director fee shares: 581.0000 shares at $157.1000 per share
Transaction count (acquisitions): 2 transactions
3 metrics
Dividend equivalent shares
273.3200 shares at $150.6000 per share
Accrual of dividend equivalents on deferred stock units on 2026-08-06
Deferred director fee shares
581.0000 shares at $157.1000 per share
Deferred share portion of quarterly Director retainer/fees on 2026-08-07
Transaction count (acquisitions)
2 transactions
Both coded as grants or awards (Code A) of non-derivative common stock
Key Terms
deferred stock units, dividend equivalents, Director retainer/fees
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.
Director retainer/fees financial
"Deferred share portion of quarterly Director retainer/fees."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Owens Corning (OC) director Edward F. Lonergan report?
Edward F. Lonergan reported two stock-based award accruals in Owens Corning common shares on 2026-08-06 and 2026-08-07, both coded as grants or awards and classified as directly owned stock-based compensation.
Were Edward F. Lonergan’s Owens Corning (OC) transactions reported as direct or indirect ownership?
Both of Edward F. Lonergan’s reported transactions are classified as direct ownership of Owens Corning $.01 par value common shares, with no intermediary entity or indirect ownership structure indicated in the filing data.
Do Edward F. Lonergan’s Owens Corning (OC) Form 4 transactions involve a 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed for these transactions, and the footnotes describe them as dividend equivalent accruals and deferred director fee shares, not trades under a pre-arranged 10b5-1 plan.