Corning SVP Fang Li sells 9,797 shares after option exercise
Corning Incorporated senior vice president Fang Li reported exercising stock options and selling common shares.
Rhea-AI Filing Summary
Corning Incorporated senior vice president Fang Li reported exercising stock options and selling common shares. On February 4, 2026, Li exercised options covering a total of 9,797 shares of common stock at exercise prices of $20.89 and $18.67 per share.
The same day, Li sold 9,797 common shares at a weighted average price of $113.512 per share, with individual trade prices ranging from $113.36 to $113.59. Following these transactions, Li reported owning no shares of Corning common stock and no remaining stock options from the exercised grants.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 9,797 shares ($915K approx. pre-tax spread)
Exercise and Sale
7 txns
Insider
Fang Li
Role
SVP, Corning Intl & NBD, Solar
Sold
9,797 shs ($1.11M)
Approx. gross sale proceeds
$1.11M
Approx. exercise cost
$197K
Approx. pre-tax spread
$915K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (Right to Buy) | 3,141 | $0.00 | $0.00 |
| Exercise | Stock Options (Right to Buy) | 3,515 | $0.00 | $0.00 |
| Exercise | Stock Options (Right to Buy) | 3,141 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,141 | $20.89 | $66K |
| Exercise | Common Stock | 3,515 | $18.67 | $66K |
| Exercise | Common Stock | 3,141 | $20.89 | $66K |
| Sale | Common Stock | 9,797 | $113.512 | $1.11M |
Holdings After Transaction:
Stock Options (Right to Buy) — 0 contracts (Direct);
Common Stock — 0 shares (Direct)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $113.36 to $113.59, inclusive. The reporting person undertakes to provide to Corning Incorporated, any security holder of Corning Incorporated, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth previously in this footnote.
FAQ
What insider activity did Fang Li report at Corning (GLW)?
Fang Li reported exercising stock options and selling common shares of Corning. On February 4, 2026, Li exercised options for 9,797 shares and sold all 9,797 shares the same day, resulting in no remaining directly held Corning common stock from these specific grants.
Were Fang Li’s Corning (GLW) stock sales tied to option exercises?
Yes. The reported sale of 9,797 Corning shares followed the exercise of stock options for the same number of shares. These options had exercise prices of $20.89 and $18.67 per share and were granted in 2019 with expirations in 2026, according to the filing details.
What stock option grants did Fang Li exercise in this Corning (GLW) Form 4?
Fang Li exercised three stock option grants labeled as rights to buy Corning common stock. The exercised amounts were 3,141 shares at $20.89, 3,515 shares at $18.67, and 3,141 shares at $20.89, all originally granted in 2019 with expiration dates in 2026.
What does the weighted average price disclosure mean in Fang Li’s Corning (GLW) sale?
The weighted average price of $113.512 reflects multiple trades executed between $113.36 and $113.59 per share. The filing states Fang Li will provide detailed trade-by-trade share counts and prices to Corning, any security holder, or SEC staff upon request for additional transparency.
AI-generated analysis. How Rhea-AI works. Not financial advice.
