Corning (GLW) director reports new 457 RSU grant and total holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Corning Incorporated director reports updated equity holdings. A Form 4 filing shows that on 12/31/2025, a non-employee director received 457 restricted stock units (RSUs) of Corning common stock under the Non-Employee Directors' Deferred Compensation Plan at a reference price of $87.56 per unit. Each RSU represents a contingent right to receive one share of common stock, with conversion and distribution deferred until a date elected by the director or upon termination of service.
Following this transaction, the director directly owns 151,199 shares of Corning common stock and holds 130,298 derivative securities in the form of RSUs, including prior RSU awards of 1,059, 1,841 and 51,047 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
CUMMINGS ROBERT F JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 457 | $87.56 | $40K |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 130,298 shares (Direct);
Common Stock — 151,199 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock. Conversion of restricted stock units to the Company's common stock and distribution of such stock is deferred until a specific date as elected by the participant or termination of service as a Corning director. Represents annual equity retainer in the form of restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Corning Incorporated common stock. Represents restricted stock units (RSUs) granted under the Non-Employee Directors' Deferred Compensation Plan. Each RSU represents a contingent right to receive one share of Corning Incorporated common stock. Conversion of restricted stock units to the Company's common stock and distribution of such stock under the Non-Employee Directors' Deferred Compensation Plan is deferred until a specific date as elected by the participant or termination of service as a Corning director.
FAQ
What insider transaction did Corning (GLW) report in this Form 4?
A Corning Incorporated director reported receiving 457 restricted stock units (RSUs) of Corning common stock on 12/31/2025 under the Non-Employee Directors' Deferred Compensation Plan.
How many Corning (GLW) restricted stock units does the director hold now?
Following the RSU grant, the director holds 130,298 derivative securities in the form of restricted stock units tied to Corning common stock.
What is the key term of the Corning (GLW) RSUs reported in this filing?
Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock at a future distribution date.
When will the Corning (GLW) RSUs be converted to common stock?
Conversion and distribution of the RSUs into Corning common stock is deferred until a specific date elected by the director or termination of service as a Corning director.
What plan governs the new Corning (GLW) RSU grant to the director?
The 457 RSUs were granted under Corning's Non-Employee Directors' Deferred Compensation Plan.