FESTA ALFRED E 4

What Happened

• Alfred E. Festa, a director of Owens Corning (OC), was awarded 407 shares on 2026-05-08. The shares were recorded at $121.67 each, for a total value of $49,520. This was an award (grant) as part of director compensation, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-08; filing date: 2026-05-12 (timely filed).
• Price per share: $121.67; total reported value: $49,520.
• Shares acquired: 407 shares (transaction code A = award/acquisition).
• Shares owned after transaction: not disclosed in this Form 4 filing.
• Footnote: F1 — "Deferred share portion of quarterly Director retainer/fees."
• No indication of a 10b5-1 plan, gift, tax withholding, or cashless exercise in this filing.

Context

• This grant represents routine director compensation (deferred stock portion of the quarterly retainer). Such awards are common and reflect pay, not necessarily a personal purchase decision or change in sentiment.
• The award value is modest (~$50k) for a board retainer; investors typically view these as remuneration rather than a direct bullish signal.