STOCK TITAN

Corning (GLW) CEO Wendell Weeks exercises 100k options and sells 100k shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Corning Inc. Chairman, CEO and President Wendell P. Weeks reported an exercise-and-sell stock transaction. On June 9, 2026, he exercised 100,000 Stock Options (Right to Buy) for Common Stock at $27.03 per share and acquired 100,000 shares.

On the same date, he sold 100,000 Corning Common Stock shares in an open-market transaction at a weighted average price of $186.4607 per share, leaving 908,353 shares held directly. The filing also shows 49,849 stock options remaining after the exercise, units equivalent to 11,762.8652 shares in a 401(k) unitized stock fund, and additional indirect holdings reported as held by his spouse, for which he disclaims beneficial ownership.

Positive

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Negative

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Insights

Weeks exercised 100,000 options and sold an equal number of Corning shares, while retaining a large direct stake.

Wendell P. Weeks exercised 100,000 stock options at a strike price of $27.03 per share, converting a derivative award into common stock. He then sold 100,000 common shares at a weighted average of $186.4607, creating a classic exercise-and-sell pattern.

Following these transactions, he still holds 908,353 shares directly and 49,849 remaining options that expire on April 2, 2028. The sale represents only a portion of his visible equity exposure in Corning, with additional indirect interests through a 401(k) unitized stock fund and spouse-held shares, though he disclaims beneficial ownership of the spouse holdings.

Insider WEEKS WENDELL P
Role Chairman, CEO and President
Sold 100,000 shs ($18.65M)
Type Security Shares Price Value
Exercise Stock Options (Right to Buy) 100,000 $0.00 --
Exercise Common Stock 100,000 $27.03 $2.70M
Sale Common Stock 100,000 $186.4607 $18.65M
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Stock Options (Right to Buy) — 49,849 shares (Direct, null); Common Stock — 1,008,353 shares (Direct, null); Common Stock — 9,200 shares (Indirect, Held by Spouse)
Footnotes (1)
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $183.83 to $190.005, 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. The reporting person disclaims beneficial ownership of all securities held by spouse. Ownership is represented by units held in a unitized stock fund through the issuer's 401(k) retirement plan as of May 29, 2026. The options vested 100% at the end of three years from grant date.
Shares sold 100,000 shares Common Stock sold on June 9, 2026
Weighted average sale price $186.4607 per share Open-market sale price range $183.83–$190.005
Options exercised 100,000 options Stock Options (Right to Buy) exercised June 9, 2026
Option exercise price $27.03 per share Conversion or exercise price for 100,000 options
Direct shares after transactions 908,353 shares Common Stock directly owned following June 9, 2026 trades
Remaining stock options 49,849 options Options outstanding after exercise, expiring April 2, 2028
401(k) stock fund units 11,762.8652 share-equivalent units Unitized stock fund holdings as of May 29, 2026
Spouse-held shares 9,200 shares Common Stock reported as held by spouse; beneficial ownership disclaimed
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficial ownership financial
"The reporting person disclaims beneficial ownership of all securities held by spouse."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
unitized stock fund financial
"Ownership is represented by units held in a unitized stock fund through the issuer's 401(k) retirement plan as of May 29, 2026."
401(k) retirement plan financial
"Ownership is represented by units held in a unitized stock fund through the issuer's 401(k) retirement plan as of May 29, 2026."
Stock Options (Right to Buy) financial
"Stock Options (Right to Buy) with an expiration date of April 2, 2028."
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
WEEKS WENDELL P

(Last)(First)(Middle)
ONE RIVERFRONT PLAZA

(Street)
CORNING NEW YORK 14831

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CORNING INC /NY [ GLW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chairman, CEO and President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/09/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/09/2026M100,000A$27.031,008,353D
Common Stock06/09/2026S100,000D$186.4607(1)908,353D
Common Stock9,200IHeld by Spouse(2)
Common Stock7,135.8678(3)IHeld By Spouse - Emp. Ben. Plan(2)
Common Stock11,762.8652(3)ITrustee U/employee Benefit Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Options (Right to Buy)$27.0306/09/2026M100,00004/02/2021(4)04/02/2028Common Stock100,000$049,849D
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $183.83 to $190.005, 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.
2. The reporting person disclaims beneficial ownership of all securities held by spouse.
3. Ownership is represented by units held in a unitized stock fund through the issuer's 401(k) retirement plan as of May 29, 2026.
4. The options vested 100% at the end of three years from grant date.
Melissa J. Gambol, Power of Attorney06/09/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Corning (GLW) CEO Wendell Weeks do in this Form 4 filing?

Wendell Weeks exercised 100,000 stock options for Corning Common Stock at $27.03 per share and sold 100,000 shares at a weighted average price of $186.4607, converting option value into cash while maintaining a significant remaining share position.

How many Corning (GLW) shares does Wendell Weeks hold after the reported transactions?

After the reported June 9, 2026 transactions, Wendell Weeks holds 908,353 Corning Common Stock shares directly. He also has 49,849 stock options remaining and additional indirect interests, including units in a 401(k) unitized stock fund and shares reported as held by his spouse.

At what prices did Wendell Weeks exercise and sell Corning (GLW) shares?

Weeks exercised stock options with a $27.03 per-share exercise price and sold 100,000 Corning Common Stock shares at a weighted average price of $186.4607. The sale was executed across multiple trades within a range from $183.83 to $190.005 per share, according to the filing footnote.

What stock options remain for Wendell Weeks after this Corning (GLW) Form 4?

After exercising 100,000 options, Wendell Weeks has 49,849 stock options remaining. These options have a $27.03 conversion or exercise price and an expiration date of April 2, 2028, providing additional potential future exposure to Corning’s common stock beyond his existing share holdings.

What indirect Corning (GLW) holdings are reported for Wendell Weeks and his spouse?

The filing reports 11,762.8652 share-equivalent units in a Corning stock fund through a 401(k) plan as of May 29, 2026, plus 7,135.8678 share-equivalent units and 9,200 shares held by his spouse. Weeks disclaims beneficial ownership of all securities held by his spouse.