[Form 4] CORNING INC /NY Insider Trading Activity
Corning Incorporated senior vice president Jordana Daryl Kammerud exercised stock-based awards and settled related taxes in shares.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Corning Incorporated senior vice president Jordana Daryl Kammerud exercised stock-based awards and settled related taxes in shares. On April 15, 2026, she converted 12,845 performance share units and 5,670 restricted stock units into the same number of Corning common shares.
To cover tax obligations, 9,018 common shares were withheld at $168.27 per share. After these transactions, she directly held 12,269 common shares. She also continues to hold performance share units and restricted stock units that can convert into 20,559, 2,714, 9,923, and 3,804 underlying common shares, subject to service-based vesting through 2028.
Insider Trade Summary
18,515 shares exercised/converted
Exercise
9 txns
Insider
Kammerud Jordana Daryl
Role
SVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Share Unit | 12,845 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 5,670 | $0.00 | $0.00 |
| Exercise | Common Stock | 12,845 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,670 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 9,018 | $168.27 | $1.52M |
| holding | Performance Share Unit | -- | -- | -- |
| holding | Performance Share Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
Holdings After Transaction:
Performance Share Unit — 23,273 contracts (Direct);
Restricted Stock Unit — 13,727 contracts (Direct);
Common Stock — 12,269 shares (Direct)
Footnotes (8)
- F1. Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock.
- F2. Earned PSUs remain restricted until April 15, 2027, when they vest and convert to common stock, subject to service-based vesting requirement.
- F3. Earned PSUs remain restricted until April 14, 2028, when they vest and convert to common stock, subject to service-based vesting requirement.
- F4. Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
- F5. The restricted stock units (RSUs) vest 100% on April 15, 2027. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.
- F6. The restricted stock units (RSUs) vest 100% on April 14, 2028. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.
- F7. Earned PSUs remain restricted until April 15, 2026, when they vest and convert to common stock, subject to service-based vesting requirement.
- F8. The restricted stock units (RSUs) vest 100% on April 15, 2026. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.
Key Figures
PSUs converted: 12,845 shares
RSUs converted: 5,670 shares
Shares withheld for taxes: 9,018 shares at $168.27
+3 more
6 metrics
PSUs converted
12,845 shares
Performance share units converted to common stock on April 15, 2026
RSUs converted
5,670 shares
Restricted stock units converted to common stock on April 15, 2026
Shares withheld for taxes
9,018 shares at $168.27
Tax-withholding disposition coded F on April 15, 2026
Direct common shares after transactions
12,269 shares
Total common stock directly owned following Form 4 transactions
Unvested PSU grant
20,559 underlying shares
Performance share units, vesting April 15, 2027 subject to service
Unvested RSU grant
9,923 underlying shares
Restricted stock units, vesting 100% on April 15, 2027
Key Terms
Performance Share Unit, Restricted Stock Unit, tax-withholding disposition, service-based vesting requirement, +1 more
5 terms
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock."
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.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
service-based vesting requirement financial
"Earned PSUs remain restricted until April 15, 2027, when they vest and convert to common stock, subject to service-based vesting requirement."
Form 4 regulatory
"INSIDER FILING DATA (Form 4): { "issuerName": "CORNING INC /NY""
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Corning (GLW) SVP Jordana Daryl Kammerud report on this Form 4?
She reported compensation-related equity activity. On April 15, 2026, she converted 12,845 performance share units and 5,670 restricted stock units into Corning common shares, then had 9,018 shares withheld to cover taxes, ending with 12,269 common shares held directly plus unvested awards.
Are the Corning (GLW) Form 4 transactions open-market buys or sales?
They are not open-market trades. The filing shows option-like exercises of performance and restricted stock units and a tax-withholding disposition coded “F,” where 9,018 shares were surrendered at $168.27 per share to satisfy taxes rather than sold on the open market.
What unvested Corning (GLW) equity awards does Jordana Kammerud still hold?
She continues to hold several grants. These include performance share units tied to 20,559 and 2,714 underlying shares and restricted stock units tied to 9,923 and 3,804 shares. Footnotes state these vest between April 15, 2026 and April 14, 2028, subject to service-based conditions.
When do Jordana Kammerud’s Corning (GLW) PSUs and RSUs vest?
Footnotes state earned performance share units vest and convert to common stock on April 15, 2026, April 15, 2027, and April 14, 2028. Restricted stock units vest 100% on April 15, 2026, April 15, 2027, and April 14, 2028, subject to service and certain events like retirement or disability.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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