Director at Corning (NYSE: GLW) receives 1,806 RSU equity retainer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Corning Incorporated director Stephanie Burns reported receiving a grant of 1,806 restricted stock units (RSUs) on February 11, 2026 as an annual equity retainer. Each RSU represents a contingent right to receive one share of Corning common stock.
After this grant, she holds 52,853 RSUs directly. She also beneficially owns 56,888 shares of Corning common stock directly and 107 shares indirectly through a trust. Conversion and distribution of the RSU shares is deferred until a date she elects or until her service as a Corning director ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
BURNS STEPHANIE
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 1,806 | $0.00 | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 52,853 shares (Direct);
Common Stock — 56,888 shares (Direct);
Common Stock — 107 shares (Indirect, By Trust)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock. Conversion of restricted stock units to the Company's common stock and distribution of such stock is deferred until a specific date as elected by the participant or termination of service as a Corning director. Represents restricted stock units (RSUs) granted under the Non-Employee Directors' Deferred Compensation Plan. Each RSU represents a contingent right to receive one share of Corning Incorporated common stock. Conversion of restricted stock units to the Company's common stock and distribution of such stock under the Non-Employee Directors' Deferred Compensation Plan is deferred until a specific date as elected by the participant or termination of service as a Corning director. Represents annual equity retainer in the form of restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Corning Incorporated common stock.
FAQ
What does the latest Form 4 for Corning (GLW) report for director Stephanie Burns?
The Form 4 reports that director Stephanie Burns received a grant of 1,806 restricted stock units on February 11, 2026. These units each represent a contingent right to receive one share of Corning common stock under the company’s director compensation arrangements.
How many restricted stock units did Stephanie Burns receive from Corning (GLW) on February 11, 2026?
Stephanie Burns received 1,806 restricted stock units (RSUs) on February 11, 2026. The filing notes this represents an annual equity retainer in the form of RSUs, with each unit corresponding to one share of Corning Incorporated common stock when ultimately settled.
How many Corning (GLW) restricted stock units does Stephanie Burns hold after this transaction?
Following the reported grant, Stephanie Burns directly holds 52,853 restricted stock units. According to the filing, each RSU represents a contingent right to receive one share of Corning Incorporated common stock, with settlement deferred according to the plan’s and director’s elections.
What are Stephanie Burns’ reported Corning (GLW) common stock holdings after the Form 4 transaction?
After the transaction, Stephanie Burns beneficially owns 56,888 shares of Corning common stock directly and 107 shares indirectly through a trust. These share amounts are reported as her beneficial ownership following the February 11, 2026 transactions.
When will Stephanie Burns’ Corning (GLW) restricted stock units convert into common shares?
The RSUs convert to Corning common stock and are distributed on a deferred basis. Conversion occurs either on a specific date elected by the director or upon termination of service as a Corning director, consistent with the terms described for the deferred compensation arrangements.
What plan governs some of the Corning (GLW) restricted stock units held by Stephanie Burns?
Certain RSUs are granted under Corning’s Non-Employee Directors' Deferred Compensation Plan. Under this plan, each unit represents a contingent right to receive one share of Corning common stock, with distribution deferred until an elected date or the end of the director’s service.