Corning (NYSE: GLW) SVP and General Counsel sells 3,260 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Corning Inc. senior vice president and general counsel Michaune D. Tillman reported an open-market sale of company stock. On May 11, 2026, Tillman sold 3,260 shares of Corning common stock at a weighted average price of $207.0152 per share, with individual trades ranging from $207.00 to $207.05. Following this transaction, Tillman directly holds 10,174 shares of Corning common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,260 shares ($674,870)
Net Sell
1 txn
Insider
TILLMAN MICHAUNE D
Role
SVP and General Counsel
Sold
3,260 shs ($675K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,260 | $207.0152 | $675K |
Holdings After Transaction:
Common Stock — 10,174 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 3,260 shares
Weighted average sale price: $207.0152 per share
Post-transaction holdings: 10,174 shares
+1 more
4 metrics
Shares sold
3,260 shares
Open-market sale on May 11, 2026
Weighted average sale price
$207.0152 per share
Common stock sale on May 11, 2026
Post-transaction holdings
10,174 shares
Direct ownership after May 11, 2026 sale
Price range of trades
$207.00–$207.05 per share
Range disclosed in Form 4 footnote
Key Terms
open-market sale, weighted average price, Form 4, transaction code “S”
4 terms
open-market sale financial
"reported an open-market sale of company stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"at a weighted average price of $207.0152 per share"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Form 4 regulatory
"The sale was disclosed in a Form 4 insider filing"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
transaction code “S” regulatory
"The transaction code “S” and description confirm it was a sale"
FAQ
What insider transaction did Corning (GLW) report for Michaune D. Tillman?
Corning reported that Michaune D. Tillman, its senior vice president and general counsel, sold 3,260 shares of common stock in an open-market transaction. The sale was disclosed in a Form 4 insider filing with remaining direct ownership of 10,174 shares.
Was the Corning (GLW) insider sale by Michaune D. Tillman an open-market transaction?
Yes. The Form 4 classifies the trade as an open-market sale of Corning common stock. The transaction code “S” and description confirm it was a sale executed in the open market or a private transaction at market-based prices.
What pricing details did the Corning (GLW) Form 4 footnote provide for Tillman’s sale?
The footnote explains that the reported $207.0152 price is a weighted average across multiple trades. Shares were sold in separate transactions within a narrow range from $207.00 to $207.05, and detailed per-trade pricing is available on request.