Corning (NYSE: GLW) tech chief exercises RSUs and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Corning Incorporated’s SVP and Chief Technology Officer Jaymin Amin exercised 2,641 restricted stock units on February 9, 2026, receiving the same number of common shares at an exercise price of $0. To cover taxes, 953 common shares were disposed of at $131.39 per share through tax withholding.
After these transactions, Amin directly held 87,760 shares of common stock and indirectly held 2,596.5551 units in a unitized stock fund under Corning’s 401(k) plan as of January 31, 2026. He also held RSU awards covering 16,570, 14,631, and 15,355 shares scheduled to vest in 2026, 2027, and 2028, subject to terms such as retirement, death, or disability.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,641 shares exercised/converted
Mixed
7 txns
Insider
Amin Jaymin
Role
SVP and Chief Tech. Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 2,641 | $0.00 | -- |
| Exercise | Common Stock | 2,641 | $0.00 | -- |
| Tax Withholding | Common Stock | 953 | $131.39 | $125K |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Common Stock — 88,713 shares (Direct);
Common Stock — 2,596.555 shares (Indirect, Trustee u/Employee Benefit Plan)
Footnotes (1)
- Ownership is represented by units held in a unitized stock fund through the issuer's 401(k) retirement plan as of January 31, 2026. Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock. The restricted stock units (RSUs) vest 100% on April 15, 2027. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date. The restricted stock units (RSUs) vest 100% on April 14, 2028. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date. The restricted stock units (RSUs) vest 100% on April 15, 2026. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date. The restricted stock units (RSUs) granted on February 8, 2023 vest 1/3 after 1 year from the grant date and 1/6 every 6 months thereafter until fully vested on the third anniversary of the grant date.
FAQ
What insider transactions did Corning (GLW) report for Jaymin Amin on February 9, 2026?
On February 9, 2026, Corning SVP and Chief Technology Officer Jaymin Amin exercised 2,641 restricted stock units into common stock at $0 and had 953 shares disposed of at $131.39 per share to satisfy tax obligations associated with the equity award vesting.
What restricted stock unit (RSU) grants does Corning (GLW) executive Jaymin Amin currently own?
Jaymin Amin held RSU awards representing 16,570, 14,631, and 15,355 shares of Corning common stock. These restricted stock units each convert into one share upon vesting, subject to grant terms and conditions described in the award agreements.
When do Jaymin Amin’s Corning (GLW) RSU awards vest according to the filing?
The filing states that one RSU grant vests 100% on April 15, 2026, another on April 15, 2027, and another on April 14, 2028. Certain events such as retirement, death, or disability may cause earlier vesting under agreement terms.
How are Corning (GLW) RSUs from February 8, 2023 structured for vesting?
RSUs granted on February 8, 2023 vest in stages: one-third vests after one year from grant, and one-sixth vests every six months thereafter until the award fully vests on the third anniversary of the February 8, 2023 grant date.
What does the tax-withholding transaction code F mean in the Corning (GLW) Form 4?
Transaction code F in the Form 4 indicates a disposition of shares to pay tax obligations. In this case, 953 shares of Corning common stock were surrendered at $131.39 per share to satisfy taxes related to the equity compensation event.