Owens Corning Files 2023 DEF 14A

Ticker: OC · Form: DEF 14A · Filed: 2024-03-07T00:00:00.000Z

Sentiment: neutral

Topics: executive-compensation, proxy-statement, corporate-governance

TL;DR

OC's 2023 DEF 14A is in, detailing exec pay & pension stuff. Check it for shareholder info.

AI Summary

Owens Corning filed a DEF 14A with the SEC on March 7, 2024, detailing executive compensation and corporate governance matters for the fiscal year ending December 31, 2023. The filing includes information on stock awards, pension adjustments, and changes in pension values for both PEO and Non-PEO NEO members. Specific financial figures for these adjustments are not detailed in this excerpt but are part of the comprehensive filing.

Why It Matters

This filing provides shareholders with crucial information regarding executive compensation, which can influence investor decisions and the company's long-term strategy.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of executive compensation and corporate governance, not indicating immediate financial risk.

Key Numbers

2023 — Fiscal Year End (The period covered by the compensation details.)
20240307 — Filing Date (Date the DEF 14A was submitted to the SEC.)

Key Players & Entities

Owens Corning (company) — Filer of the DEF 14A
0001370946-24-000083 (filing_id) — Accession Number for the filing
20240307 (date) — Filing date
2023-12-31 (date) — Fiscal year end

FAQ

What is the primary purpose of a DEF 14A filing?

A DEF 14A filing, also known as a Definitive Proxy Statement, is used to solicit proxies from shareholders and provides detailed information about matters to be voted on at an annual or special meeting, including executive compensation, director elections, and other corporate governance issues.

When did Owens Corning file this DEF 14A?

Owens Corning filed this DEF 14A on March 7, 2024.

What fiscal year does this filing primarily cover?

This filing primarily covers the fiscal year ending December 31, 2023.

What specific compensation-related items are mentioned in the filing excerpt?

The filing excerpt mentions 'ChangeInPensionValueMember', 'StockAwardsAdjustmentsMember', 'PensionAdjustmentsServiceCostMember', and 'EquityAwardAdjustmentsMember' for both PEO and Non-PEO NEO members.

Where is Owens Corning headquartered?

Owens Corning is headquartered in Toledo, Ohio, with its business and mail address listed as One Owens Corning Parkway, Toledo, OH 43659.

From the Filing

0001370946-24-000083.txt : 20240307 0001370946-24-000083.hdr.sgml : 20240307 20240307162422 ACCESSION NUMBER: 0001370946-24-000083 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 56 CONFORMED PERIOD OF REPORT: 20240307 FILED AS OF DATE: 20240307 DATE AS OF CHANGE: 20240307 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Owens Corning CENTRAL INDEX KEY: 0001370946 STANDARD INDUSTRIAL CLASSIFICATION: ABRASIVE ASBESTOS & MISC NONMETALLIC MINERAL PRODUCTS [3290] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-33100 FILM NUMBER: 24730486 BUSINESS ADDRESS: STREET 1: ONE OWENS CORNING PARKWAY CITY: TOLEDO STATE: OH ZIP: 43659 BUSINESS PHONE: 419-248-8000 MAIL ADDRESS: STREET 1: ONE OWENS CORNING PARKWAY CITY: TOLEDO STATE: OH ZIP: 43659 FORMER COMPANY: FORMER CONFORMED NAME: Owens Corning (Reorganized) Inc. DATE OF NAME CHANGE: 20060731 DEF 14A 1 oc-20240307.htm DEF 14A oc-20240307 0001370946 DEF 14A FALSE 0001370946 2023-01-01 2023-12-31 iso4217:USD 0001370946 2022-01-01 2022-12-31 0001370946 2021-01-01 2021-12-31 0001370946 2020-01-01 2020-12-31 0001370946 1 2023-01-01 2023-12-31 0001370946 3 2023-01-01 2023-12-31 0001370946 5 2023-01-01 2023-12-31 0001370946 7 2023-01-01 2023-12-31 0001370946 2 2023-01-01 2023-12-31 0001370946 4 2023-01-01 2023-12-31 0001370946 6 2023-01-01 2023-12-31 0001370946 oc:ChangeInPensionValueMember ecd:PeoMember 2023-01-01 2023-12-31 0001370946 oc:StockAwardsAdjustmentsMember ecd:PeoMember 2023-01-01 2023-12-31 0001370946 oc:PensionAdjustmentsServiceCostMember ecd:PeoMember 2023-01-01 2023-12-31 0001370946 ecd:PeoMember oc:EquityAwardAdjustmentsMember 2023-01-01 2023-12-31 0001370946 oc:ChangeInPensionValueMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001370946 oc:StockAwardsAdjustmentsMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001370946 oc:PensionAdjustmentsServiceCostMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001370946 ecd:NonPeoNeoMember oc:EquityAwardAdjustmentsMember 2023-01-01 2023-12-31 0001370946 oc:EquityAwardsGrantedInPriorYearsUnvestedMember ecd:PeoMember 2023-01-01 2023-12-31 0001370946 oc:EquityAwardsGrantedDuringTheYearUnvestedMember ecd:PeoMember 2023-01-01 2023-12-31 0001370946 oc:EquityAwardsGrantedDuringTheYearVestedMember ecd:PeoMember 2023-01-01 2023-12-31 0001370946 ecd:PeoMember oc:EquityAwardsGrantedInPriorYearsVestedMember 2023-01-01 2023-12-31 0001370946 oc:EquityAwardsThatFailedToMeetVestingConditionsMember ecd:PeoMember 2023-01-01 2023-12-31 0001370946 oc:EquityAwardsValueOfDividendsAndOtherEarningsPaidAdjustmentMember ecd:PeoMember 2023-01-01 2023-12-31 0001370946 oc:EquityAwardsGrantedInPriorYearsUnvestedMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001370946 oc:EquityAwardsGrantedDuringTheYearUnvestedMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001370946 oc:EquityAwardsGrantedDuringTheYearVestedMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001370946 ecd:NonPeoNeoMember oc:EquityAwardsGrantedInPriorYearsVestedMember 2023-01-01 2023-12-31 0001370946 oc:EquityAwardsThatFailedToMeetVestingConditionsMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001370946 oc:EquityAwardsValueOfDividendsAndOtherEarningsPaidAdjustmentMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 Table of Contents     UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. __)     Filed by the Registrant ☒         Filed by a Party Other Than the Registrant ☐ Check the appropriate box: ☐    Preliminary Proxy Statement ☐     Confidential, for Use of the Commission Only (as Permitted by Rule 14a-6(e)(2)) ☒    Definitive Proxy Statement ☐   &