Owens Corning·4

Feb 4, 4:20 PM ET

Canovas De La Nuez Jose Manuel 4

Research Summary

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Owens Corning President Jose Manuel Canovas Withholds 482 Shares

What Happened
Jose Manuel Canovas (President, Insulation at Owens Corning) had 482 restricted stock units (RSU) withheld to satisfy tax withholding obligations upon vesting. The withholding was recorded on 2026-02-02 at $122.17 per share, for a value of $58,886. This is a tax-withholding disposition (routine) rather than an open-market sale or purchase.

Key Details

  • Transaction date: 2026-02-02; filing date: 2026-02-04 (filed within the standard 2-business-day window).
  • Shares withheld/Disposed: 482 at $122.17 each; total value ≈ $58,886.
  • Shares owned after transaction: not specified in the provided excerpt of the Form 4.
  • Footnote F1: Shares were withheld upon RSU vesting to satisfy tax withholding.
  • Footnote F2: The reported total holdings reflect an acquisition of 10 shares on 2025-11-28 via the company's Employee Stock Purchase Plan (exempt under Rule 16b-3(c)).

Context
Withholding shares to cover taxes is common when RSUs vest and is considered a routine administrative disposition, not a directional wager on the stock. This should not be interpreted as a deliberate buy or sell signal by the insider.