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Issuer (NYSE: GLW) holder files to sell 25,000 common shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

A holder of GLW common stock has filed a notice of intent to sell 25,000 common shares through UBS Financial Services Inc. on the NYSE, with an aggregate market value of 2,750,055.03. The filing lists total common shares outstanding as 857,360,396 for context.

The shares to be sold were acquired from the issuer via a restricted stock release on 04/15/2024 for 6,978 shares and a performance stock release on 04/14/2023 for 18,022 shares. The seller represents they are not aware of undisclosed material adverse information about the issuer’s operations.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

How many GLW shares are proposed to be sold under this Form 144?

The notice covers a proposed sale of 25,000 common shares. These shares are to be sold through UBS Financial Services Inc. on the NYSE, with an aggregate stated market value of 2,750,055.03 according to the filing details.

When were the GLW shares in this Form 144 originally acquired?

The shares were acquired via issuer equity awards. 6,978 shares came from a restricted stock release on 04/15/2024, and 18,022 shares came from a performance stock release on 04/14/2023, both recorded as non-cash equity releases.

On which exchange and through which broker will the GLW shares be sold?

The proposed sale will be executed on the NYSE through UBS Financial Services Inc., located at 1000 Harbor Blvd, 3rd Floor, Weehawken, NJ 07086. The filing lists these details in the securities information section for the planned transaction.

What is the aggregate market value and shares outstanding for this GLW Form 144?

The filing shows an aggregate market value of 2,750,055.03 for the 25,000 common shares to be sold. It also notes that 857,360,396 common shares were outstanding, providing context for the size of the proposed sale.

Does the GLW Form 144 include sales in the past three months?

The section requesting information on securities sold during the past three months is present, but no specific prior sales are listed in the provided excerpt. The filing instead focuses on the planned 25,000-share sale and the associated acquisition history.

What representation does the selling holder make about GLW’s nonpublic information?

The seller represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed, a standard affirmation included when filing a notice for resale of restricted or control securities.
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Electronic Components
Drawing & Insulating of Nonferrous Wire
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