Del Monaco Nicolas 4
4 · Owens Corning · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Owens Corning (OC) President Nicolas Del Monaco Receives Award; Shares Withheld
What Happened Nicolas Del Monaco, President, Roofing at Owens Corning, received an award of 2,643 shares on 2026-02-25 in settlement of performance share units for the 2025 performance cycle. To satisfy tax withholding obligations, 1,118 of those shares were withheld/disposed at $123.48 per share, generating proceeds of $138,051. The award shares were recorded at $0.00 acquisition price (code A); the withholding is reported as a tax withholding/disposition (code F).
Key Details
- Transaction date: 2026-02-25; filing date: 2026-02-27 (appears timely).
- Award: 2,643 shares granted/awarded (Acquired, code A) at $0.00.
- Tax withholding/disposition: 1,118 shares withheld @ $123.48 = $138,051 (Disposed, code F).
- Footnotes: F1 — settlement of performance share units for the cycle ended 12/31/2025; F2 — shares withheld to satisfy tax withholding.
- Shares owned after transaction: not specified in the provided data.
Context This was a routine settlement of performance-based equity (not a market purchase or open-market sale). The withholding of shares to cover taxes is a common administrative step and does not necessarily indicate a directional view by the insider. Purchases (buys) tend to be more informative about insider confidence than awards or tax withholdings.
Insider Transaction Report
- Award
$.01 Par Value Common
[F1]2026-02-25+2,643→ 21,638 total - Tax Payment
$.01 Par Value Common
[F2]2026-02-25$123.48/sh−1,118$138,051→ 20,520 total
Footnotes (2)
- [F1]Awarded in connection with the settlement of performance share units for the performance cycle ended December 31, 2025.
- [F2]Shares withheld upon the settlement of performance share units to satisfy tax withholding obligations.