Corning (GLW) director adds 1,806 RSUs in deferred equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Corning director Roger W. Ferguson Jr. acquired 1,806 restricted stock units (RSUs) on February 11, 2026 as an equity award at a grant price of $0 per unit. Following this grant, he directly holds 27,644 RSUs and 6,938 shares of Corning common stock.
The RSUs each represent a contingent right to receive one share of Corning common stock, with conversion and share distribution deferred until a date elected by Ferguson or upon his termination of service as a Corning director under the Non-Employee Directors' Deferred Compensation Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Ferguson Roger W. Jr.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 1,806 | $0.00 | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 27,644 shares (Direct);
Common Stock — 6,938 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 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. 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.
FAQ
What insider transaction did Corning (GLW) report for Roger W. Ferguson Jr.?
Corning reported that director Roger W. Ferguson Jr. received a grant of 1,806 restricted stock units on February 11, 2026. These RSUs are part of his equity-based compensation and give him the contingent right to receive an equal number of Corning common shares in the future.
How many Corning (GLW) restricted stock units does Roger W. Ferguson Jr. now hold?
After the February 11, 2026 grant, Roger W. Ferguson Jr. directly holds 27,644 restricted stock units linked to Corning common stock. These RSUs are deferred under the Non-Employee Directors' Deferred Compensation Plan and convert into shares at a later elected date or upon ending board service.
Did Roger W. Ferguson Jr. buy or sell Corning (GLW) common stock in this Form 4?
The Form 4 does not report any purchase or sale of Corning common stock by Roger W. Ferguson Jr. It shows an acquisition of 1,806 restricted stock units as a grant, while he continues to directly hold 6,938 shares of Corning common stock after the reported transactions.
What do the Corning (GLW) restricted stock units reported for Roger W. Ferguson Jr. represent?
Each reported restricted stock unit represents a contingent right to receive one share of Corning common stock. Under the Non-Employee Directors' Deferred Compensation Plan, conversion and distribution of these shares are deferred until a specific elected date or when Ferguson’s service as a Corning director terminates.
What compensation plan governs Roger W. Ferguson Jr.’s Corning (GLW) restricted stock units?
The restricted stock units are granted under Corning’s Non-Employee Directors' Deferred Compensation Plan. This plan provides equity-based compensation to outside directors, with RSUs converting into Corning common shares at a future date chosen by the director or upon termination of board service.