Corning (NYSE: GLW) SVP sells 21,000 shares, retains 7,263
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Corning Inc. senior vice president of finance and corporate controller Stefan Becker executed an open-market sale of 21,000 shares of Corning common stock on May 8, 2026 at $188.08 per share. Following this transaction, he directly holds 7,263 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 21,000 shares ($3,949,680)
Net Sell
1 txn
Insider
Becker Stefan
Role
SVP, Finance & Corp Controller
Sold
21,000 shs ($3.95M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 21,000 | $188.08 | $3.95M |
Holdings After Transaction:
Common Stock — 7,263 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 21,000 shares
Sale price: $188.08 per share
Shares held after sale: 7,263 shares
3 metrics
Shares sold
21,000 shares
Open-market sale of Corning common stock on May 8, 2026
Sale price
$188.08 per share
Price reported for the 21,000-share open-market sale
Shares held after sale
7,263 shares
Direct ownership following the reported transaction
Key Terms
open-market sale, Common Stock, transaction code "S", net-sell
4 terms
open-market sale financial
"transaction_action: "open-market sale" for 21,000 shares"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: "Common Stock" for the reported transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
transaction code "S" financial
"transaction_code: "S" described as sale in open market"
net-sell financial
"transactionSummary shows netBuySellDirection: "net-sell""
FAQ
What insider transaction did Corning (GLW) report for Stefan Becker?
Corning reported that senior vice president of finance and corporate controller Stefan Becker completed an open-market sale of 21,000 shares of Corning common stock. The transaction occurred on May 8, 2026, at a reported price of $188.08 per share.
What does transaction code "S" mean in the Corning (GLW) Form 4?
Transaction code “S” in the Corning Form 4 indicates a sale in an open-market or private transaction. In this case, it classifies Stefan Becker’s 21,000-share disposition of Corning common stock as an open-market sale rather than a grant, gift, or tax withholding.