Corning Inc (GLW) top executive reports RSU settlement and share sale
Rhea-AI Filing Summary
Corning Inc reported an insider equity transaction by its Chairman, CEO and President, who is also a director. On 01/02/2026, the insider settled 3,287 restricted stock units into common stock at an exercise price of $0, bringing directly held common stock to 751,066 shares. On the same date, 3,287 shares were disposed of at $90.67 per share, leaving 747,779 shares held directly.
Indirect holdings include 9,200 shares held by a spouse, 7,120.5596 units in a unitized stock fund in the issuer's 401(k) retirement plan held by the spouse as of December 31, 2025, and 11,737.5981 units held as trustee under an employee benefit plan. The insider also reports 111,863 RSUs vesting on April 15, 2027, 104,474 RSUs vesting on April 15, 2026, and 86,634 RSUs vesting on April 14, 2028, each RSU representing a contingent right to receive one share of Corning common stock, with certain events potentially causing earlier vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 3,287 | $0.00 | -- |
| Exercise | Common Stock | 3,287 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,287 | $90.67 | $298K |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The reporting person disclaims beneficial ownership of all securities held by spouse. Ownership is represented by units held in a unitized stock fund through the issuer's 401(k) retirement plan as of December 31, 2025. 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, 2027. 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, 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 14, 2028. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.
FAQ
What insider transaction did Corning Inc (GLW) report in this filing?
The filing reports that Corning Inc's Chairman, CEO and President, who is also a director, settled 3,287 restricted stock units into common stock on 01/02/2026 and disposed of 3,287 shares on the same date.
What indirect Corning Inc (GLW) holdings are reported for the insider and spouse?
Indirect holdings include 9,200 shares held by the spouse, 7,120.5596 units in a unitized stock fund in the issuer's 401(k) retirement plan held by the spouse as of December 31, 2025, and 11,737.5981 units held as trustee under an employee benefit plan.
How many restricted stock units (RSUs) does the Corning Inc (GLW) insider hold and when do they vest?
The insider reports 111,863 RSUs vesting on April 15, 2027, 104,474 RSUs vesting on April 15, 2026, and 86,634 RSUs vesting on April 14, 2028.
What does each Corning Inc (GLW) restricted stock unit represent in this filing?
Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock, with potential for earlier vesting upon events such as retirement, death, or disability as specified in the agreements.