Corning SVP exercises awards for 2,795 shares
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Corning executive Stefan Becker, SVP Finance & Corporate Controller, on 29 April 2026 converted 2,795 restricted and performance share units into an equal number of common shares at $0.0000 per share, then had 2,795 shares withheld in a tax-withholding disposition. After these transactions he directly holds 28,263 common shares, along with 31,750 restricted stock units and 31,263 performance share units. These transactions are identified as not executed under a Rule 10b5-1 trading plan.
Insider Trade Summary
2,795 shares exercised/converted
Exercise
10 txns
Insider
Becker Stefan
Role
SVP, Finance & Corp Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 674 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 619 | $0.00 | $0.00 |
| Exercise | Performance Share Unit | 1,073 | $0.00 | $0.00 |
| Exercise | Performance Share Unit | 429 | $0.00 | $0.00 |
| Exercise | Common Stock | 674 | $0.00 | $0.00 |
| Exercise | Common Stock | 619 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,073 | $0.00 | $0.00 |
| Exercise | Common Stock | 429 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,795 | $151.90 | $425K |
| holding | Restricted Stock Unit | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 31,750 contracts for 4,846 underlying shares (Direct);
Performance Share Unit — 31,263 contracts (Direct);
Common Stock — 28,263 shares (Direct)
Footnotes (5)
- F1. Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
- F2. The restricted stock units (RSUs) vest 100% on April 16, 2029. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.
- F3. Vesting to satisfy tax requirement pursuant to the 2024 agreement.
- F4. Vesting to satisfy tax requirement pursuant to the 2025 agreement.
- F5. Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock.
Key Figures
Awards converted to common stock: 2,795 shares
Shares withheld for taxes: 2,795 shares
Tax-withholding price: $151.9000 per share
+3 more
6 metrics
Awards converted to common stock
2,795 shares
Total restricted and performance share units converted to common stock on 2026-04-29
Shares withheld for taxes
2,795 shares
Common shares disposed in a tax-withholding transaction coded F at $151.9000 per share
Tax-withholding price
$151.9000 per share
Reported per-share value for the 2,795 common shares used to satisfy tax obligations
Common stock holdings
28,263 shares
Direct Corning common stock held by Stefan Becker after the reported transactions
Restricted stock units holdings
31,750 units
Direct RSU position remaining after the April 29, 2026 award conversions
Performance share units holdings
31,263 units
Direct PSU position remaining after the April 29, 2026 award conversions
Key Terms
Restricted Stock Unit, Performance Share Unit, tax-withholding disposition, contingent right, +1 more
5 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit represents a contingent right to receive one share of common stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax-withholding disposition financial
"An F-coded transaction is described as a tax-withholding disposition of common stock to cover obligations."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
contingent right financial
"Each unit represents a contingent right to receive one share of Corning Incorporated common stock."
vesting financial
"The restricted stock units vest 100% on April 16, 2029, subject to earlier vesting events."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transactions did Corning (GLW) SVP Stefan Becker report on April 29, 2026?
Stefan Becker reported converting 2,795 restricted and performance share units into Corning common stock at $0.0000 per share, followed by a tax-withholding disposition of 2,795 shares, leaving his direct common stock position unchanged in net share terms.
What are Stefan Becker’s post-transaction Corning (GLW) holdings?
After the reported transactions, Stefan Becker directly holds 28,263 Corning common shares, plus 31,750 restricted stock units and 31,263 performance share units, representing his remaining equity-based interests in Corning as of the reporting date.
Did Stefan Becker’s Corning (GLW) transactions use a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, meaning these transactions are not identified as occurring under a Rule 10b5-1 trading plan, and therefore were not disclosed as pre-arranged trades under such a plan.
What types of equity awards did Corning (GLW) SVP Stefan Becker convert?
Stefan Becker converted both Restricted Stock Units (RSUs) and Performance Share Units (PSUs), totaling 2,795 units, into an equal number of Corning common shares as part of the April 29, 2026 equity award vesting activity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates