Corning (GLW) SVP settles awards, withholds 1,990 shares for tax
Rhea-AI Filing Summary
Corning Incorporated senior vice president reported updates to equity holdings following the settlement of stock-based awards. On January 15, 2026, multiple restricted stock unit and performance share unit awards were converted to common stock at an exercise price of $0 per share. In connection with these events, 1,990 shares of common stock were withheld at a price of $93.49 per share to cover tax obligations.
After these transactions, the reporting person directly owned 32,772 shares of Corning common stock. The derivative table shows remaining holdings in restricted stock units and performance share units that continue to vest on future dates, including awards scheduled to vest in 2026, 2027, and 2028. The amendment clarifies the tax withholding shares that were inadvertently omitted from the original filing dated January 20, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 327 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 484 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 258 | $0.00 | -- |
| Exercise | Performance Share Unit | 474 | $0.00 | -- |
| Exercise | Performance Share Unit | 447 | $0.00 | -- |
| Exercise | Common Stock | 327 | $0.00 | -- |
| Exercise | Common Stock | 484 | $0.00 | -- |
| Exercise | Common Stock | 258 | $0.00 | -- |
| Exercise | Common Stock | 474 | $0.00 | -- |
| Exercise | Common Stock | 447 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,990 | $93.49 | $186K |
Footnotes (1)
- Shares withheld to satisfy the reporting person's tax withholding obligations. Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock. The restricted stock units (RSUs) vest 100% on April 15, 2026. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date. The restricted stock units (RSUs) vest 100% on April 15, 2027. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date. This balance reflects the forfeiture of 5,204 restricted stock units on January 15, 2026. The restricted stock units (RSUs) vest 100% on April 14, 2028. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date. This balance reflects the forfeiture of 8,125 restricted stock units on January 15, 2026. Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock. Earned PSUs remain restricted until April 15, 2026, when they vest and convert to common stock, subject to service-based vesting requirement. Earned PSUs remain restricted until April 15, 2027, when they vest and convert to common stock, subject to service-based vesting requirement.
