Corning (GLW) SVP & CHRO details RSU vesting and share activity
Rhea-AI Filing Summary
Corning Incorporated Senior Vice President & CHRO reported routine equity compensation activity involving common stock and restricted stock units. On 01/02/2026, 283 shares of common stock were acquired at $0 through the vesting of restricted stock units and 283 shares were disposed of at $90.67, typically reflecting shares withheld to cover obligations. Following these transactions, the executive directly held 36,000 shares of Corning common stock, with an additional 44 shares indirectly held by a spouse, for which beneficial ownership is disclaimed.
The filing also lists multiple restricted stock unit awards, including 918 RSUs and 4,378 and 3,793 RSUs that vest 100% on future dates, as well as grants that vest over time through April 14, 2028. These RSUs each represent the right to receive one share of Corning common stock as they vest, subject to conditions such as continued service and certain events described in the award agreements.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did Corning (GLW) report on January 2, 2026?
The Corning executive reported the vesting of 283 restricted stock units into common stock at $0 and the disposition of 283 shares at $90.67, leaving a post-transaction direct holding of 36,000 shares.
How many Corning (GLW) shares does the reporting officer own after this Form 4?
After the reported transactions, the officer directly owns 36,000 shares of Corning common stock, with an additional 44 shares indirectly held by a spouse, for which beneficial ownership is disclaimed.
What restricted stock unit (RSU) awards are reported for the Corning (GLW) executive?
The filing lists several RSU awards, including 918 RSUs, 4,378 RSUs, and 3,793 RSUs, each representing the right to receive one share of Corning common stock upon vesting.
When do the Corning (GLW) restricted stock units for this officer vest?
The RSUs include a grant from February 8, 2023 that vests over three years and separate awards that vest 100% on April 15, 2026, April 15, 2027, and April 14, 2028, subject to conditions described in the agreements.
How are the spouse’s Corning (GLW) holdings treated in this Form 4?
The spouse holds 44 shares of Corning common stock and certain RSUs, but the reporting person expressly disclaims beneficial ownership of all securities held by the spouse.
What does each Corning (GLW) restricted stock unit represent for this executive?
Each restricted stock unit reported for the officer and spouse represents a contingent right to receive one share of Corning Incorporated common stock upon vesting.