Corning SVP sells 20,000 shares in open market
Corning Inc. Senior Vice President & CDIO Soumya Seetharam sold 20,000 shares of Common Stock in open-market transactions.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Corning Inc. Senior Vice President & CDIO Soumya Seetharam sold 20,000 shares of Common Stock in open-market transactions. The trades occurred on May 11, 2026 at a weighted average price of $206.2323 per share, with individual prices ranging from $205.84 to $206.75. Following these sales, Seetharam directly holds 25,570 Corning shares.
Insights
Corning SVP executed a sizable open-market share sale but retains a meaningful equity stake.
Soumya Seetharam, Corning's Senior Vice President & CDIO, sold 20,000 Corning Common Stock shares in an open-market transaction at a weighted average price of $206.2323 per share. The sale price range was $205.84 to $206.75, indicating execution across multiple trades.
After the transaction, Seetharam directly holds 25,570 shares, showing continued equity exposure despite the sale. There are no remaining derivatives listed in this filing, and no reference to a Rule 10b5-1 trading plan appears in the provided footnote, so the filing mainly updates public information on current insider holdings.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 20,000 | $206.2323 | $4.12M |
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 $205.84 to $206.75, 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 range set forth previously in this footnote.
Key Figures
Key Terms
open-market sale financial
weighted average price financial
Common Stock financial
Form 4 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Corning (GLW) executive Soumya Seetharam report in this Form 4?
What are Soumya Seetharam’s Corning (GLW) holdings after the reported sale?
Was the Corning (GLW) insider sale executed as multiple trades?
Does the Corning (GLW) Form 4 mention any remaining derivative awards for Soumya Seetharam?
AI-generated analysis. How Rhea-AI works. Not financial advice.