Corning director reports stock and deferred RSU holdings update
Corning Inc. director reported equity holdings and awards in this insider ownership update.
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Rhea-AI Filing Summary
Corning Inc. director reported equity holdings and awards in this insider ownership update. The earliest reported transaction date is 12/31/2025, and the filing shows both common stock and restricted stock units (RSUs).
The director holds 6,938 shares of Corning common stock directly. In addition, the filing lists multiple RSU positions that each represent a contingent right to receive one share of Corning common stock, including awards granted as an annual equity retainer and under the Non-Employee Directors' Deferred Compensation Plan.
The RSUs generally convert into common stock and are distributed only on a specific deferred date chosen by the director or upon termination of service as a Corning director, so these units function as deferred equity compensation rather than immediate stock ownership.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 457 | $87.56 | $40K |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
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.
FAQ
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What insider transaction did Corning (GLW) report in this filing?
What restricted stock units (RSUs) are disclosed for the Corning (GLW) director?
What does each Corning (GLW) restricted stock unit represent?
What is the purpose of the Corning (GLW) Non-Employee Directors' Deferred Compensation Plan in this filing?
Is the annual equity retainer for Corning (GLW) directors paid in RSUs?
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