Owens Corning Insider Sells 900 Shares for $130,000
The insider disposed of 4% of her direct holdings.
Rachel Barthelemy Marcon, President of Owens Corning, divested 900 shares of the company's common stock on August 28, 2026, as reported in a recent Securities and Exchange Commission (SEC) Form 4 filing. The transaction totaled approximately $130,000, based on a weighted average sale price of $144.07 per share, according to the SEC filing.
By the end of the trading day on August 28, 2026, the company's stock closed at $143.13 per share, indicating a slight post-transaction value decrease. Owens Corning is a prominent diversified building materials manufacturer with a substantial market capitalization of $10.4 billion and trailing twelve months (TTM) revenues of $9.8 billion.
The company's global presence spans across 25,000 employees, highlighting its significant role in the construction materials industry. Owens Corning's competitive edge stems from its integrated product portfolio, which includes roofing, insulation, and doors, facilitating cross-selling opportunities and customer loyalty. Despite recent challenges in net income due to the cyclical nature of the construction market, the company's scale and diversified product offerings across both residential and commercial sectors contribute to its robust business model.
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