GLW Form 4: Director Burns disposes 56,888 shares, holds 51,047 RSUs
Rhea-AI Filing Summary
Stephanie Burns, a Corning Inc. (GLW) director, reported changes in her beneficial ownership on 09/30/2025. The filing shows a disposition of 56,888 shares of Corning common stock, leaving a reported direct beneficial ownership of 107 shares. The filing also details restricted stock units (RSUs) held and converted: 51,047 RSUs from annual retainer, 1,817 and 1,045 RSUs from other grants, and a grant conversion of 469 RSUs acquired on 09/30/2025 at a reported price of $82.03 per share.
The RSUs are deferred under Corning’s director plans and convert to common stock on elected distribution dates or upon termination of service. The Form 4 was signed via power of attorney on 10/02/2025.
Positive
- 51,047 RSUs reported from annual retainer, indicating continued deferred equity compensation
- 469 RSUs converted on 09/30/2025 at $82.03, adding to direct holdings
Negative
- Disposition of 56,888 shares on 09/30/2025, reducing direct ownership to 107 shares
Insights
Director sold a large block and still holds significant deferred RSUs.
The Form 4 shows a disposition of 56,888 shares on 09/30/2025, which materially reduces direct share ownership to 107 shares. This is an explicit, reportable sale by a director and is notable for transparency and insider activity tracking.
The filing also documents substantial deferred equity: 51,047 RSUs (annual retainer) plus other RSU balances and a 469-share conversion at $82.03. These RSUs remain subject to deferral rules and convert on participant-elected dates or termination, indicating ongoing alignment via deferred compensation rather than current voting stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 469 | $82.03 | $38K |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
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 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. 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.
