---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-056056"
form_type: "8-K"
ticker: "OC"
cik: "0001370946"
company_name: "Owens Corning"
filed_at: "2024-03-01T23:59:59+00:00"
generated_at: "2026-06-05T05:22:18.301324+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Owens Corning awards retention/transaction bonus to Composites president tied to potential glass reinforcements sale

## Summary
- Marcio A. Sandri eligible for $660,000 retention bonus if continuously employed until March 1, 2025, or a Qualifying Sale closes.
- Transaction bonus of $3M to $6M (based on final sale price) if a Qualifying Sale occurs and Mr. Sandri remains employed through closing.
- Bonus opportunity expires Jan 31, 2026 if no Qualifying Sale by then; requires execution of a release of claims.
- Bonus awarded by Compensation Committee to retain/incentivize Mr. Sandri during sale process of global glass reinforcements business.

## SEC filing metadata
- accession: 0001193125-24-056056
- form_type: 8-K
- ticker: OC
- cik: 0001370946
- company_name: Owens Corning
- filed_at: 2024-03-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1370946/000119312524056056/0001193125-24-056056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1370946/000119312524056056/d805240d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-056056
- JSON: https://secwatch.observer/filing/0001193125-24-056056.json
- Plain text: https://secwatch.observer/filing/0001193125-24-056056.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.