STOCK TITAN

Corning (NYSE: GLW) CFO nets new shares after PSU vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Corning Incorporated’s Exec. Vice President and CFO Edward A. Schlesinger reported equity compensation activity in company stock. On February 9, 2026, he exercised 1,415 performance share units into the same number of common shares at $0 per share, then surrendered 723 shares at $131.39 to cover taxes, leaving 55,472 common shares held directly. He also holds performance share units for 43,981, 35,275, and 16,953 shares that remain restricted and are scheduled to vest and convert to stock between April 2026 and April 2028, subject to service-based vesting conditions.

Positive

  • None.

Negative

  • None.
Insider Schlesinger Edward A
Role Exec. Vice President and CFO
Type Security Shares Price Value
Exercise Performance Share Unit 1,415 $0.00 --
Exercise Common Stock 1,415 $0.00 --
Tax Withholding Common Stock 723 $131.39 $95K
holding Performance Share Unit -- -- --
holding Performance Share Unit -- -- --
holding Performance Share Unit -- -- --
Holdings After Transaction: Performance Share Unit — 0 shares (Direct); Common Stock — 56,195 shares (Direct)
Footnotes (1)
  1. 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. Earned PSUs remain restricted until April 14, 2028, when they vest and convert to common stock, subject to service-based vesting requirement. The performance share units (PSUs) earned February 7, 2024 will vest 1/3 after 1 year from the February 8, 2023 grant date and 1/6 every 6 months thereafter until fully vested on the third anniversary of the grant date.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Schlesinger Edward A

(Last) (First) (Middle)
ONE RIVERFRONT PLAZA

(Street)
CORNING NY 14831

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CORNING INC /NY [ GLW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Exec. Vice President and CFO
3. Date of Earliest Transaction (Month/Day/Year)
02/09/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/09/2026 M 1,415 A $0 56,195 D
Common Stock 02/09/2026 F 723 D $131.39 55,472 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance Share Unit (1) (2) (2) Common Stock 43,981 43,981 D
Performance Share Unit (1) (3) (3) Common Stock 35,275 35,275 D
Performance Share Unit (1) (4) (4) Common Stock 16,953 16,953 D
Performance Share Unit (1) 02/09/2026 M 1,415 (5) (5) Common Stock 1,415 $0 0 D
Explanation of Responses:
1. Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock.
2. Earned PSUs remain restricted until April 15, 2026, when they vest and convert to common stock, subject to service-based vesting requirement.
3. Earned PSUs remain restricted until April 15, 2027, when they vest and convert to common stock, subject to service-based vesting requirement.
4. Earned PSUs remain restricted until April 14, 2028, when they vest and convert to common stock, subject to service-based vesting requirement.
5. The performance share units (PSUs) earned February 7, 2024 will vest 1/3 after 1 year from the February 8, 2023 grant date and 1/6 every 6 months thereafter until fully vested on the third anniversary of the grant date.
Melissa J. Gambol, Power of Attorney 02/11/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Corning (GLW) report for its CFO?

Corning reported that CFO Edward A. Schlesinger exercised 1,415 performance share units into common stock at $0 per share. He then surrendered 723 shares at $131.39 to satisfy tax obligations, ending with 55,472 common shares held directly after these equity compensation-related transactions.

How many Corning (GLW) shares does the CFO own after the Form 4?

After the reported transactions, CFO Edward A. Schlesinger directly holds 55,472 Corning common shares. This reflects the exercise of 1,415 performance share units into stock and the surrender of 723 shares at $131.39 to cover tax liabilities associated with the equity award settlement.

Did Corning’s CFO sell shares on the open market in this Form 4?

The filing shows no open-market sale by Corning’s CFO. Instead, 723 shares of common stock at $131.39 were surrendered under transaction code F, which represents payment of tax liability by delivering shares tied to the exercise of 1,415 performance share units.

What performance share units does the Corning (GLW) CFO still hold?

The CFO continues to hold performance share units tied to 43,981, 35,275, and 16,953 Corning common shares. Each unit represents a contingent right to one share, subject to performance and service-based vesting conditions extending through April 15, 2026, April 15, 2027, and April 14, 2028.

When will the Corning (GLW) CFO’s performance share units vest?

Earned performance share units remain restricted until scheduled vesting dates. Awards vest and convert to Corning common stock on April 15, 2026, April 15, 2027, and April 14, 2028. Additional PSUs earned February 7, 2024 vest one-third after one year, then one-sixth every six months until the third anniversary.

What does transaction code M mean in the Corning (GLW) Form 4?

In this Form 4, transaction code M denotes an exercise or conversion of derivative securities. Corning’s CFO exercised 1,415 performance share units under this code, receiving 1,415 common shares at $0 per share, reflecting the settlement of equity incentive compensation rather than a market purchase.