STOCK TITAN

Corning (NYSE: GLW) SVP granted new performance share units and stock

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

Rhea-AI Filing Summary

Corning Incorporated senior vice president Jordana Daryl Kammerud reported equity compensation activity tied to 2025 performance. On February 4, 2026, she acquired performance share units (PSUs) covering 2,815, 7,212 and 6,646 shares of common stock at an exercise price of $0 per unit. The Compensation Committee determined that performance criteria for fiscal year 2025 were satisfied under the 2023, 2024 and 2025 PSU agreements, so these PSUs were earned but remain restricted until vesting dates in April 2026, April 2027 and April 2028, subject to continued service.

Related PSU vesting events settled into common stock, and 593 shares of common stock were withheld at $109.69 per share. Following these transactions, Kammerud directly beneficially owned 32,772 shares of Corning common stock.

Positive

  • None.

Negative

  • None.
Insider Kammerud Jordana Daryl
Role SVP
Type Security Shares Price Value
Grant/Award Performance Share Unit 2,815 $0.00 --
Grant/Award Performance Share Unit 7,212 $0.00 --
Grant/Award Performance Share Unit 6,646 $0.00 --
Exercise Performance Share Unit 101 $0.00 --
Exercise Performance Share Unit 256 $0.00 --
Exercise Performance Share Unit 236 $0.00 --
Exercise Common Stock 101 $0.00 --
Exercise Common Stock 256 $0.00 --
Exercise Common Stock 236 $0.00 --
Tax Withholding Common Stock 593 $109.69 $65K
Holdings After Transaction: Performance Share Unit — 2,815 shares (Direct); Common Stock — 32,873 shares (Direct)
Footnotes (1)
  1. Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock. 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. 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. 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. Vesting to satisfy tax requirement pursuant to the 2025 agreement. Vesting to satisfy tax requirement pursuant to the 2024 agreement. Vesting to satisfy tax requirement pursuant to the 2023 agreement.
SEC Form 4
FORM 4 UNITED 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*
Kammerud Jordana Daryl

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

(Street)
CORNING NY 14831

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CORNING INC /NY [ GLW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP
3. Date of Earliest Transaction (Month/Day/Year)
02/04/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 02/04/2026 M 101 A $0(1) 32,873 D
Common Stock 02/04/2026 M 256 A $0(1) 33,129 D
Common Stock 02/04/2026 M 236 A $0(1) 33,365 D
Common Stock 02/04/2026 F 593 D $109.69 32,772 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance Share Unit (1) 02/04/2026 A 2,815 (2) (2) Common Stock 2,815 $0 2,815 D
Performance Share Unit (1) 02/04/2026 A 7,212 (3) (3) Common Stock 7,212 $0 20,815 D
Performance Share Unit (1) 02/04/2026 A 6,646 (4) (4) Common Stock 6,646 $0 13,081 D
Performance Share Unit (1) 02/04/2026 M 101 (5) (5) Common Stock 101 $0 2,714 D
Performance Share Unit (1) 02/04/2026 M 256 (6) (6) Common Stock 256 $0 20,559 D
Performance Share Unit (1) 02/04/2026 M 236 (7) (7) Common Stock 236 $0 12,845 D
Explanation of Responses:
1. Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock.
2. 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.
3. 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.
4. 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.
5. Vesting to satisfy tax requirement pursuant to the 2025 agreement.
6. Vesting to satisfy tax requirement pursuant to the 2024 agreement.
7. Vesting to satisfy tax requirement pursuant to the 2023 agreement.
Melissa J. Gambol, Power of Attorney 02/06/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transactions were reported for GLW by SVP Jordana Daryl Kammerud?

SVP Jordana Daryl Kammerud reported multiple equity transactions on February 4, 2026, including acquisitions of performance share units and related conversions into Corning common stock, plus 593 shares disposed of at $109.69 per share, leaving her with 32,772 directly owned shares.

How many Corning (GLW) shares does the reporting SVP own after these Form 4 transactions?

After the reported February 4, 2026 transactions, SVP Jordana Daryl Kammerud beneficially owns 32,772 shares of Corning common stock directly. This figure reflects PSU exercises, stock issuances, and share dispositions disclosed in the Form 4 filing.

What performance share units were granted to the Corning (GLW) SVP on February 4, 2026?

On February 4, 2026, the SVP acquired three blocks of performance share units: 2,815, 7,212 and 6,646 PSUs, each with an exercise price of $0. Each PSU represents a contingent right to receive one share of Corning common stock upon future vesting.

When do the newly earned Corning (GLW) PSUs for the SVP vest and convert to stock?

The earned performance share units linked to fiscal year 2025 remain restricted and are scheduled to vest and convert to common stock on April 15, 2026, April 15, 2027 and April 14, 2028, assuming the SVP meets the service-based vesting requirements under each agreement.

Why were some Corning (GLW) performance share units and shares used for tax requirements?

The filing states that certain PSU vesting events under the 2023, 2024 and 2025 agreements were specifically to satisfy tax requirements. These vestings, tied to earned PSUs, helped cover tax obligations arising from the performance-based awards granted to the SVP.

What price was used for the Corning (GLW) share disposition reported in the Form 4?

The Form 4 shows a disposition of 593 shares of Corning common stock at a price of $109.69 per share on February 4, 2026. This transaction reduced the SVP’s directly owned common stock position to 32,772 shares afterward.