OC Insider Filing: Jose Mendez-Andino Accrues Shares from Dividend Equivalents
Rhea-AI Filing Summary
Owens Corning insider disclosure: Jose Mendez-Andino, EVP and Chief R&D Officer, reported an acquisition of Owens Corning common stock on 08/07/2025. The Form 4 lists the security as $.01 Par Value Common, shows a transaction code A (acquisition), a price of $147.17, and includes numeric values shown as 50.228 (1) and 15,516.499 in the table.
The filing explains the transaction as an accrual of dividend equivalents on deferred shares. The form was signed by an attorney-in-fact and identifies the reporting person as an officer of the company. No other material changes, derivative transactions, or additional transaction details are provided in the document.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider acquisition via dividend-equivalent accruals by a senior officer; appears non-disruptive to capitalization.
The Form 4 records an acquisition (transaction code A) of Owens Corning common stock tied to dividend-equivalent accruals. The reported price is $147.17 and the table shows numeric entries of 50.228 (1) and 15,516.499. This filing reflects compensation-related share accruals rather than open-market buying or sale, and the disclosure does not indicate any change in executive role or other corporate events. Impact on share count and market capitalization is likely immaterial based solely on the information provided.
TL;DR: Disclosure documents a standard, plan-based accrual of deferred compensation; governance implications are routine.
The report identifies Jose Mendez-Andino as an EVP, Chief R&D Officer and records an acquisition of common stock resulting from dividend equivalents on deferred shares. The filing was submitted by one reporting person and executed by an attorney-in-fact. There are no indications of unusual compensation practices, related-party transactions, or governance changes in the document. Based on the disclosure alone, this is a routine insider reporting item under Section 16.