Gunner Smith - 05 Feb 2024 Form 4 Insider Report for Owens Corning (OC)

Signature
/s/ Katherine M. Serevitch, Attorney-in-Fact
Issuer symbol
OC
Transactions as of
05 Feb 2024
Net transactions value
-$506,181
Form type
4
Filing time
07 Feb 2024, 17:12:47 UTC
Previous filing
05 Feb 2024
Next filing
15 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OC $.01 Par Value Common Tax liability $184,047 -1,203 -3% $152.99 38,244 05 Feb 2024 Direct F1
transaction OC $.01 Par Value Common Sale $100,758 -657 -1.7% $153.36 37,587 05 Feb 2024 Direct
transaction OC $.01 Par Value Common Sale $221,377 -1,447 -3.8% $152.99 36,140 06 Feb 2024 Direct
* 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 Shares withheld upon vesting of restricted stock units to satisfy tax withholding obligations.