Beredo Gina A. 4
Research Summary
AI-generated summary
Owens Corning (OC) EVP Gina Beredo Receives Award of 6,022 Shares
What Happened
Gina A. Beredo, Executive Vice President, General Counsel and Secretary of Owens Corning, received a grant of 6,022 restricted stock units (RSUs) on 2026-02-04 valued at $132.83 per share (total ~$799,902). On 2026-02-05, 664 shares were withheld upon vesting to satisfy tax withholding obligations at an effective price of $132.23 per share (value ~$87,801). The grant is a compensation award, not an open-market purchase.
Key Details
- Transaction dates and amounts:
- 2026-02-04: Award of 6,022 RSUs @ $132.83 (acquired) = $799,902. (Footnote F1: granted under the Owens Corning 2023 Stock Plan)
- 2026-02-05: 664 shares withheld upon vesting @ $132.23 (disposed) = $87,801. (Footnote F2: withheld to satisfy tax withholding)
- Shares owned after transaction: Not disclosed in the provided Form 4.
- Filing: Report filed 2026-02-06 for transactions on 2026-02-04 and 2026-02-05 — appears to be timely.
- Codes: A = Award/Grant; F = Tax withholding on vesting.
Context
- RSU grants are a form of compensation and do not necessarily signal a personal open-market purchase decision. The withholding of 664 shares is a routine cashless way to cover required taxes when RSUs vest.