4Filed Aug 9, 8:00 PM ET

Owens Corning Director Eduardo Cordeiro Receives 386 Shares

$OC · Owens Corning

Research Summary

AI-generated summary of this SEC filing

Updated

Owens Corning Director Eduardo Cordeiro Receives 386 Shares

What Happened
Eduardo E. Cordeiro, a director of Owens Corning (OC), received awards of company stock as part of director compensation. He was granted 67.098 shares on 2026-08-06 at an imputed value of $150.60 ($10,105) and 319 shares on 2026-08-07 at $157.10 ($50,115), for a combined 386.098 shares valued at approximately $60,220. These were awards/grants (compensation), not open-market purchases or sales.

Key Details

  • Transaction dates and values:
    • 2026-08-06 — 67.098 shares @ $150.60 = $10,105 (award)
    • 2026-08-07 — 319 shares @ $157.10 = $50,115 (award)
  • Shares owned after the transaction: not disclosed in the details provided.
  • Footnotes from the filing:
    • F1: Accrual of dividend equivalents on deferred stock units.
    • F2: Deferred share portion of quarterly director retainer/fees.
  • Filing timeliness: Form 4 filed 2026-08-10. Based on the transaction dates, the filing appears timely within the standard two-business-day window.

Context
These grants reflect routine director compensation (deferred share awards and dividend equivalents) rather than a market purchase or sale. Such awards are common for non-employee directors and are typically part of regular pay arrangements, so they should not be interpreted by themselves as a buy/sell signal.