Mendez-Andino Jose 4
Research Summary
AI-generated summary
Owens Corning EVP Jose Mendez-Andino Withholds 319 Shares for Taxes
What Happened
Jose Mendez-Andino, EVP & Chief Innovation Officer of Owens Corning (OC), had 319 restricted stock units (RSUs) withheld to satisfy tax withholding obligations. The filing lists the withholding at a price of $122.17 per share, for a total value of about $38,972. This was a tax-withholding disposition (not an open-market sale or a purchase).
Key Details
- Transaction date: 2026-02-02; Filing date: 2026-02-04 (timely)
- Shares withheld/disposed: 319 at $122.17 per share; total ≈ $38,972
- Transaction code: F (shares withheld to satisfy tax withholding)
- Footnote: F1 — Shares withheld upon vesting of restricted stock units to satisfy tax withholding obligations
- Shares owned after transaction: not specified in the filing
Context
This is a routine tax-withholding event tied to RSU vesting and does not represent an active buy or sell decision in the open market. Tax-withholding dispositions are common when equity awards vest and should not be read as a direct signal of insider sentiment.