Gunner Smith - 13 Feb 2024 Form 4 Insider Report for Owens Corning (OC)

Signature
/s/ Katherine M. Serevitch, Attorney-in-Fact
Issuer symbol
OC
Transactions as of
13 Feb 2024
Net transactions value
-$2,017,491
Form type
4
Filing time
15 Feb 2024, 16:29:23 UTC
Previous filing
07 Feb 2024
Next filing
29 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OC $.01 Par Value Common Award $0 +13,622 +38% $0.000000 49,762 13 Feb 2024 Direct F1
transaction OC $.01 Par Value Common Tax liability $908,707 -6,180 -12% $147.04 43,582 13 Feb 2024 Direct F2
transaction OC $.01 Par Value Common Sale $1,108,784 -7,442 -17% $148.99 36,140 14 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 Awarded in connection with the settlement of performance share units for the performance cycle ended December 31, 2023.
F2 Shares withheld upon the settlement of performance share units to satisfy tax withholding obligations.