Owens Corning Files Amendment on Material Impairments

Ticker: OC · Form: 8-K/A · Filed: 2025-04-30T00:00:00.000Z

Sentiment: neutral

Topics: amendment, impairment, financial-reporting

TL;DR

OC filed an update on past impairments - details still vague.

AI Summary

Owens Corning filed an amendment (8-K/A) on April 30, 2025, to a previous report concerning material impairments. The original report date was February 13, 2025. The filing does not provide specific details on the nature or financial impact of these impairments.

Why It Matters

This amendment indicates Owens Corning is providing updated or corrected information regarding significant financial charges, which could impact investor understanding of the company's financial health.

Risk Assessment

Risk Level: medium — Amendments to 8-K filings can signal previously undisclosed or evolving financial issues, requiring closer investor scrutiny.

Key Players & Entities

FAQ

What specific material impairments are being amended in this filing?

The filing is an amendment to a previous report concerning material impairments, but it does not specify the nature or details of these impairments.

What was the original date of the report being amended?

The earliest event reported in the original filing was February 13, 2025.

What is the purpose of filing an 8-K/A?

An 8-K/A is filed to amend a previously filed Current Report on Form 8-K.

What is Owens Corning's primary business as indicated by its SIC code?

Owens Corning's SIC code is 3290, which corresponds to Abrasive, Asbestos & Misc Nonmetallic Mineral Products.

Where is Owens Corning's principal executive office located?

Owens Corning's principal executive office is located at One Owens Corning Parkway, Toledo, Ohio 43659.

From the Filing

0001370946-25-000163.txt : 20250430 0001370946-25-000163.hdr.sgml : 20250430 20250430081939 ACCESSION NUMBER: 0001370946-25-000163 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20250213 ITEM INFORMATION: Material Impairments FILED AS OF DATE: 20250430 DATE AS OF CHANGE: 20250430 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 EIN: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-33100 FILM NUMBER: 25891145 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 8-K/A 1 oc-20250213.htm 8-K/A oc-20250213 0001370946 false 0001370946 2025-02-13 2025-02-13 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________   Form 8-K/A   (Amendment No. 1) ______________________________________ CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported):  February 13, 2025 ______________________________________ Owens Corning (Exact name of registrant as specified in its charter)     ______________________________________ DE 1-33100 43-2109021 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) One Owens Corning Parkway Toledo, Ohio 43659 (Address of principal executive offices)     (Zip Code) 419 - 248-8000 (Registrant’s telephone number, including area code) Not Applicable (Former name or former address, if changed since last report) ______________________________________ Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:  ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.01 per share OC New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). ☐ Emerging growth company  ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Explanatory Note On February 14, 2025, Owens Corning (the “Company”) filed a Current Report on Form 8-K (the “Original 8-K”) disclosing (1) an expected impairment charge associated with the announced sale of the Company’s global glass reinforcements business (the “GR Business”); (2) that, beginning with the Quarterly Report on Form 10-Q for the period ended March 31, 2025, the GR Business’s financial results would be reflected in the Company’s consolidated financial statements as discontinued operations for all periods presented, a

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