Corning SVP exercises RSUs, with tax share withholding
Corning Inc. senior vice president Michael Paul O'Day reported equity compensation transactions involving company stock.
Rhea-AI Filing Summary
Corning Inc. senior vice president Michael Paul O'Day reported equity compensation transactions involving company stock. On February 9, 2026, he exercised 1,091 restricted stock units into common stock at $0 per share, then had 314 common shares withheld at $131.39 per share to cover tax obligations.
After these transactions, O'Day directly owned 30,692 shares of Corning common stock. He also directly held restricted stock units representing 6,460 shares vesting 100% on April 15, 2027, 14,704 shares vesting 100% on April 14, 2028, and 6,244 shares vesting 100% on April 15, 2026, subject to terms such as retirement, death, or disability.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 1,091 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,091 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 314 | $131.39 | $41K |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
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 15, 2027. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.
- F3. 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.
- F4. 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.
- F5. The restricted stock units (RSUs) granted on February 8, 2023 vest 1/3 after 1 year from the grant date and 1/6 every 6 months thereafter until fully vested on the third anniversary of the grant date.
FAQ
What insider transaction did Corning (GLW) executive Michael O'Day report?
What restricted stock units does Corning (GLW) executive Michael O'Day hold?
How do Michael O'Day's Corning (GLW) RSUs vest over time?
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