Corning (GLW) officer files Form 4 for 9,838 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Corning Inc. reported an insider equity transaction by a senior vice president and Chief Digital & Information Officer. On 12/08/2025, 9,838 shares of Corning common stock were disposed of at $88.27 per share to cover the reporting person's tax withholding obligation upon the vesting of restricted stock. After this tax-related share withholding, the insider directly beneficially owns 33,303 shares of Corning common stock. This type of transaction does not represent an open-market sale for investment purposes, but rather an automatic share reduction tied to equity compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Seetharam Soumya
Role
Senior Vice President & CDIO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 9,838 | $88.27 | $868K |
Holdings After Transaction:
Common Stock — 33,303 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Corning (GLW) disclose in this Form 4?
Corning disclosed that a senior vice president and CDIO had 9,838 shares of common stock withheld on 12/08/2025 to satisfy tax withholding obligations when restricted stock vested.
Was the Corning (GLW) Form 4 transaction an open-market sale?
No. The Form 4 notes the shares were withheld to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock, rather than an open-market sale.
What is the relationship of the reporting person to Corning (GLW)?
The reporting person is an officer of Corning, serving as Senior Vice President & Chief Digital & Information Officer (CDIO).
Does this Corning (GLW) insider transaction involve derivative securities?
No derivative securities are listed in Table II; the reported transaction involves non-derivative Corning common stock related to restricted stock vesting.