Owens Corning·4

Feb 27, 4:24 PM ET

Fister Todd W 4

Research Summary

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Owens Corning (OC) CFO Todd W. Fister Receives Award, Withholds Shares

What Happened

  • Todd W. Fister, Chief Financial Officer of Owens Corning (OC), was awarded 10,309 shares on 2026-02-25 in settlement of performance share units (PSUs). The award shares have a reported acquisition price of $0.00.
  • To satisfy tax withholding obligations, 4,754 of those shares were withheld (disposed) at an implied value of $123.48 per share, totaling $587,024. After withholding, a net 5,555 shares were delivered to Fister.
  • This was an award/settlement transaction (not an open-market purchase or indicative sale for investment sentiment); withholding for taxes is a routine administrative step.

Key Details

  • Transaction date: 2026-02-25; Form filed: 2026-02-27 (timely, within typical 2-business-day window).
  • Award: 10,309 shares (code A; acquisition at $0.00).
  • Withholding/Disposition: 4,754 shares withheld for taxes (code F) at $123.48/share, proceeds/withholding value $587,024.
  • Net shares delivered to insider: 5,555.
  • Footnotes: F1 — settlement of PSUs for performance cycle ended Dec 31, 2025. F2 — shares withheld upon settlement to satisfy tax withholding obligations.
  • Not an open-market sale; the withheld shares were retained by the company/broker to cover taxes.

Context

  • PSUs are performance-based awards that convert to shares when performance and vesting conditions are met; withholding a portion to cover taxes is common and does not necessarily indicate a change in the insider’s view of the stock.
  • Transaction codes: A = award/grant; F = shares withheld/disposed to cover tax liabilities.