Corning vice chair sells 13,100 shares at $151.29
Rhea-AI Filing Summary
CORNING INC /NY (GLW) reported that Lewis A. Steverson, its Vice Chairman, EVP and CLAO, sold 13,100 shares of Common Stock on 2026-08-28 in a sale described as an open market or private transaction at a weighted average price of $151.29 per share, with individual trade prices ranging from $150.84 to $151.80. Following this transaction, Steverson directly owns 15,052 shares of Corning common stock.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 13,100 shares
Net Sell
1 txn
Insider
STEVERSON LEWIS A
Role
Vice Chairman, EVP and CLAO
Sold
13,100 shs ($1.98M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 13,100 | $151.2923 | $1.98M |
Holdings After Transaction:
Common Stock — 15,052 shares (Direct)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $150.84 to $151.80, inclusive. The reporting person undertakes to provide to Corning Incorporated, any security holder of Corning Incorporated, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth previously in this footnote.
Key Figures
Shares sold: 13,100 shares
Weighted average sale price: $151.2923 per share
Sale price range: $150.84 to $151.80 per share
+2 more
5 metrics
Shares sold
13,100 shares
Common Stock sold by Lewis A. Steverson on 2026-08-28
Weighted average sale price
$151.2923 per share
Sale of 13,100 shares on 2026-08-28
Sale price range
$150.84 to $151.80 per share
Multiple transactions underlying the reported weighted average price
Shares owned after transaction
15,052 shares
Direct holdings of Lewis A. Steverson after the 2026-08-28 sale
Net shares sold
13,100 shares
Net-sell direction from transaction summary
Key Terms
weighted average price, open market or private transaction, Common Stock
3 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
Common Stock financial
"security_title: Common Stock"
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.
FAQ
What insider transaction did GLW disclose in this Form 4?
GLW disclosed that Lewis A. Steverson sold 13,100 shares of Corning common stock on 2026-08-28 in a sale described as an open market or private transaction at a weighted average price of $151.29 per share.
Was the GLW insider sale reported as a weighted average price?
Yes. The Form 4 states the sale used a weighted average price of $151.29 per share and explains that the shares were sold in multiple transactions at prices between $150.84 and $151.80.
AI-generated analysis. How Rhea-AI works. Not financial advice.