Corning CEO granted 30,868 RSUs
WEEKS WENDELL P reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
WEEKS WENDELL P reported acquisition or exercise transactions in this Form 4 filing.
Corning Incorporated Chairman, CEO and President Wendell P. Weeks received a grant of 30,868 Restricted Stock Units (RSUs) on Common Stock, reported as a compensation-related award. Each RSU represents a contingent right to receive one Corning common share.
After this award, he directly holds 733,891 shares of Common Stock and multiple RSU positions, including 111,863, 86,634 and 104,474 underlying shares. Footnotes state that certain RSU awards vest 100% on April 15, 2026, April 15, 2027, April 14, 2028 and April 16, 2029, subject to conditions such as retirement, death or disability. Additional shares are held indirectly through his spouse and employee benefit plans, with beneficial ownership of spouse-held shares disclaimed.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 30,868 shares
Grant/Award
8 txns
Insider
WEEKS WENDELL P
Role
Chairman, CEO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 30,868 | $0.00 | $0.00 |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 333,839 contracts for 302,971 underlying shares (Direct);
Common Stock — 733,891 shares (Direct);
Common Stock — 9,200 shares (Indirect, Held by Spouse);
Common Stock — 7,135.8671 shares (Indirect, Held By Spouse - Emp. Ben. Plan);
Common Stock — 11,762.8659 shares (Indirect, Trustee U/employee Benefit Plan)
Footnotes (7)
- F1. The reporting person disclaims beneficial ownership of all securities held by spouse.
- F2. Ownership is represented by units held in a unitized stock fund through the issuer's 401(k) retirement plan as of March 31, 2026.
- F3. Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
- F4. 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.
- F5. 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.
- F6. 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.
- F7. The restricted stock units (RSUs) vest 100% on April 16, 2029. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.
Key Figures
New RSU grant: 30,868 units
Direct common stock holdings: 733,891 shares
RSU position 1: 111,863 underlying shares
+5 more
8 metrics
New RSU grant
30,868 units
Restricted Stock Units on Common Stock granted April 1, 2026
Direct common stock holdings
733,891 shares
Common Stock directly held after reported transactions
RSU position 1
111,863 underlying shares
Restricted Stock Units, exercise price $0.0000
RSU position 2
86,634 underlying shares
Restricted Stock Units, exercise price $0.0000
RSU position 3
104,474 underlying shares
Restricted Stock Units, exercise price $0.0000
Indirect spouse holding
9,200 shares
Common Stock held by spouse, beneficial ownership disclaimed
Spouse benefit plan units
7,135.8671 shares
Common Stock held by spouse via employee benefit plan
Trustee plan holding
11,762.8659 shares
Common Stock where Weeks is trustee under employee benefit plan
Key Terms
Restricted Stock Unit, beneficial ownership, unitized stock fund, 401(k) retirement plan, +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.
beneficial ownership financial
"The reporting person disclaims beneficial ownership of all securities held by spouse."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
unitized stock fund financial
"Ownership is represented by units held in a unitized stock fund through the issuer's 401(k) retirement plan as of March 31, 2026."
401(k) retirement plan financial
"Ownership is represented by units held in a unitized stock fund through the issuer's 401(k) retirement plan as of March 31, 2026."
vest 100% financial
"The restricted stock units (RSUs) vest 100% on April 16, 2029."
FAQ
What insider transaction did Corning (GLW) report for Wendell Weeks?
Corning reported that Chairman, CEO and President Wendell P. Weeks received a grant of 30,868 Restricted Stock Units on common stock. These RSUs are a compensation-related award and each unit represents a contingent right to receive one share of Corning common stock at vesting.
What Restricted Stock Unit positions does Wendell Weeks have at Corning (GLW)?
Wendell P. Weeks holds several RSU positions tied to Corning common stock, including awards with 111,863, 86,634 and 104,474 underlying shares. In addition, he received a new grant of 30,868 RSUs, all representing contingent rights to receive one share for each unit upon vesting.
When do Wendell Weeks’ Corning (GLW) RSUs vest according to the filing?
Footnotes state that certain RSU awards for Wendell P. Weeks vest 100% on April 15, 2026, April 15, 2027, April 14, 2028 and April 16, 2029. Vesting can occur earlier upon events such as retirement, death, disability or other conditions specified in the award agreements.
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