SPY389.58+9.22 2.42%
DIA315.59+6.14 1.98%
IXIC13,588.83+396.48 3.01%

Insider Trends: Owens Corning Insider Receives Stock Award Sells Portion for Taxes, Slowing 90-Day Buy Trend

· 02/05/2021 11:48

04:43 PM EST, 02/05/2021 (MT Newswires) -- On Feb 03, 2021, Daniel T Smith, SVP and Chief Growth Officer, awarded 8,969 shares in Owens Corning (OC) and sold 1,646 shares concurrently to meet tax obligations. After accounting for tax obligations this transaction resulted in a net acquisition of 7,323 company shares. Smith, after the transactions designated in the SEC Form 4 filing, has 66,264 company shares, which have a market value of $5.48 million as of the prior-day closing price.

Over the last 90 days, prior to the date of this filing, there have been 34 insider transactions reported to the SEC for Owens Corning. These transactions came from the activities of 18 different insiders that resulted in a net acquisition of 44,907 company shares. This compares with the preceding 90-day window of time where there were 28 transactions from 18 insiders which resulted in the net disposition of 209 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1370946/000120919121008083/xslF345X03/doc4.xml

[Disclaimer]
This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.