Gunner Smith - May 18, 2023 Form 4 Insider Report for Owens Corning (OC)

Role: President, Roofing
Signature: /s/ Katherine M. Serevitch, Attorney-in-Fact
Stock symbol: OC
Transactions as of: May 18, 2023
Transactions value $: -$245,990
Form type: 4
Date filed: 5/22/2023, 04:14 PM
Previous filing: Feb 8, 2023
Next filing: Jun 7, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OC	$.01 Par Value Common	Options Exercise	$128K	+3.4K	+8.99%	$37.65	41.2K	May 18, 2023	Direct	F1
transaction	OC	$.01 Par Value Common	Sale	-$374K	-3.4K	-8.25%	$110.00	37.8K	May 18, 2023	Direct	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	OC	Option (right to purchase)	Options Exercise	$0	-3.4K	-100%	$0.00^*	0	May 18, 2023	$.01 Par Value Common	3.4K	$37.65	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This reported transaction was made pursuant to a Rule 10b5-1 trading plan entered into by the reporting person prior to February 27, 2023.
F2	The price reported is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $110.00 to $110.02, inclusive. The Reporting Person undertakes to provide to Owens Corning, any security holder of Owens Corning, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Content

This reported transaction was made pursuant to a Rule 10b5-1 trading plan entered into by the reporting person prior to February 27, 2023.

The price reported is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $110.00 to $110.02, inclusive. The Reporting Person undertakes to provide to Owens Corning, any security holder of Owens Corning, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.