Corning director receives 257 RSUs award
Corning Inc. director Kevin J. Martin received a grant of 257 restricted stock units (RSUs) on Corning common stock as compensation.
Rhea-AI Filing Summary
Corning Inc. director Kevin J. Martin received a grant of 257 restricted stock units (RSUs) on Corning common stock as compensation. Each RSU represents a contingent right to receive one Corning share, with conversion and distribution deferred until a date elected by Martin or his termination as a director.
Following this award, one RSU holding line shows 20,097 underlying shares. Separate deferred RSU holdings cover 888, 1,544, and 52,853 underlying shares, and Martin also directly holds 31,506 shares of Corning common stock. This filing reflects routine equity-based director compensation rather than any open‑market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 257 shares
Grant/Award
5 txns
Insider
Martin Kevin J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 257 | $135.97 | $35K |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 75,382 contracts for 55,285 underlying shares (Direct);
Common Stock — 31,506 shares (Direct)
Footnotes (5)
- F1. Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
- F2. 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.
- F3. 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.
- F4. 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.
- F5. 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.
Key Figures
New RSU grant: 257 RSUs
Grant reference price: $135.97 per unit
RSUs in this line after grant: 20,097 underlying shares
+4 more
7 metrics
New RSU grant
257 RSUs
Grant on 2026-03-31 as director equity compensation
Grant reference price
$135.97 per unit
Reported price per RSU on 2026-03-31
RSUs in this line after grant
20,097 underlying shares
Total underlying Corning common shares for that RSU award
Deferred RSU holding 1
888 underlying shares
Restricted stock units under deferred compensation
Deferred RSU holding 2
1,544 underlying shares
Restricted stock units under deferred compensation
Deferred RSU holding 3
52,853 underlying shares
Restricted stock units under deferred compensation
Direct common stock holdings
31,506 shares
Corning common stock held directly after transactions
Key Terms
Restricted Stock Unit, annual equity retainer, Non-Employee Directors' Deferred Compensation Plan, contingent right, +1 more
5 terms
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
annual equity retainer financial
"Represents annual equity retainer in the form of restricted stock units (RSUs)"
Non-Employee Directors' Deferred Compensation Plan financial
"Represents restricted stock units (RSUs) granted under the Non-Employee Directors' Deferred Compensation Plan"
contingent right financial
"Each RSU represents a contingent right to receive one share of Corning Incorporated common stock"
deferred until a specific date financial
"Conversion of restricted stock units to the Company's common stock and distribution of such stock is deferred until a specific date"
FAQ
What did Corning (GLW) director Kevin J. Martin report in this Form 4?
Kevin J. Martin reported receiving a grant of 257 restricted stock units in Corning common stock. These RSUs are part of his director compensation and do not involve any open-market stock purchase or sale activity.
How many restricted stock units did the Corning (GLW) director receive?
He received 257 restricted stock units. Each unit is a contingent right to one share of Corning common stock, granted as part of his annual equity-based compensation for serving on the company’s board of directors.
Are the Corning (GLW) RSUs immediately settled in common stock?
No, the RSUs are not immediately settled. They represent deferred compensation, with conversion to Corning common stock and distribution postponed until an elected future date or when Martin ceases serving as a director.
What other Corning (GLW) RSU positions does Kevin J. Martin have?
In addition to the 257-unit grant, he has deferred RSU holdings tied to 888, 1,544, and 52,853 underlying Corning common shares. These RSUs were granted under director compensation and deferred compensation plans.
AI-generated analysis. How Rhea-AI works. Not financial advice.
