Gunner Smith - Feb 1, 2024 Form 4 Insider Report for Owens Corning (OC)

Signature
/s/ Katherine M. Serevitch, Attorney-in-Fact
Stock symbol
OC
Transactions as of
Feb 1, 2024
Transactions value $
-$287,731
Form type
4
Date filed
2/5/2024, 04:39 PM
Previous filing
Dec 22, 2023
Next filing
Feb 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OC $.01 Par Value Common Award $0 +3.34K +8.8% $0.00 41.3K Feb 1, 2024 Direct F1
transaction OC $.01 Par Value Common Tax liability -$93.9K -603 -1.46% $155.68 40.7K Feb 1, 2024 Direct F2
transaction OC $.01 Par Value Common Sale -$109K -708 -1.74% $153.73 40K Feb 2, 2024 Direct
transaction OC $.01 Par Value Common Tax liability -$85K -547 -1.37% $155.42 39.4K Feb 2, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Restricted stock units granted under the Owens Corning 2023 Stock Plan.
F2 Shares withheld upon vesting of restricted stock units to satisfy tax withholding obligations.