Corning EVP Zhang awarded new performance share units
Corning Incorporated executive John Z. Zhang reported new performance-based equity awards.
Rhea-AI Filing Summary
Corning Incorporated executive John Z. Zhang reported new performance-based equity awards. On February 4, 2026, he acquired 16,891, 15,591, and 20,932 performance share units (PSUs), each representing a contingent right to one share of Corning common stock, at a price of $0.
The PSUs were earned after the Compensation Committee determined that performance criteria for fiscal year 2025 were satisfied under the 2025, 2024, and 2023 agreements. These earned PSUs remain restricted and are scheduled to vest and convert to common stock on April 14, 2028, April 15, 2027, and April 15, 2026, respectively, subject to continued service-based vesting requirements.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Share Unit | 16,891 | $0.00 | $0.00 |
| Grant/Award | Performance Share Unit | 15,591 | $0.00 | $0.00 |
| Grant/Award | Performance Share Unit | 20,932 | $0.00 | $0.00 |
Footnotes (4)
- F1. Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock.
- F2. Performance share units (PSUs) were earned February 4, 2026 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2025 pursuant to the 2025 agreement. Earned PSUs remain restricted until April 14, 2028, when they vest and convert to common stock, subject to service-based vesting requirement.
- F3. Performance share units (PSUs) were earned February 4, 2026 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2025 pursuant to the 2024 agreement. Earned PSUs remain restricted until April 15, 2027, when they vest and convert to common stock, subject to service-based vesting requirement.
- F4. Performance share units (PSUs) were earned February 4, 2026 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2025 pursuant to the 2023 agreement. Earned PSUs remain restricted until April 15, 2026, when they vest and convert to common stock, subject to service-based vesting requirement.
FAQ
What did Corning (GLW) disclose in John Z. Zhang’s latest Form 4?
What performance period is tied to John Z. Zhang’s Corning PSU awards?
Were John Z. Zhang’s Corning PSU awards granted at a cash purchase price?
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