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

Signature
/s/ Katherine M. Serevitch, Attorney-in-Fact
Stock symbol
OC
Transactions as of
Dec 13, 2024
Transactions value $
-$3,336,266
Form type
4
Date filed
12/17/2024, 04:11 PM
Previous filing
May 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OC $.01 Par Value Common Sale -$3.34M -17.5K -48.05% $191.19 18.9K Dec 13, 2024 Direct F1, 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 The price reported is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $189.91 to $194.38, 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.
F2 The total amount of holdings reflects acquisitions on May 31, 2024 of 165 shares and November 29, 2024 of 11 shares through the Issuer's Employee Stock Purchase Plan, which is exempt under Rule 16b-3(c).