Corning (NYSE: GLW) SVP forfeits restricted stock, withholds shares for tax
Rhea-AI Filing Summary
Corning Inc. senior vice president Jordana Daryl Kammerud reported administrative equity changes in company stock. On January 15, 2026, Kammerud forfeited 12,136 shares of restricted stock pursuant to a July 10, 2023 agreement. On the same date, 4,666 shares of common stock were withheld at $93.49 per share to cover Kammerud's tax withholding obligations upon the vesting of restricted stock. After these transactions, Kammerud directly beneficially owned 32,772 shares of Corning common stock.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did Corning (GLW) disclose for SVP Jordana Daryl Kammerud?
Corning reported that SVP Jordana Daryl Kammerud filed a Form 4 showing a forfeiture of 12,136 restricted shares and the withholding of 4,666 shares of common stock related to tax obligations on vested restricted stock.
How many Corning (GLW) shares did the SVP forfeit and why?
Kammerud forfeited 12,136 shares of restricted stock, as described as a forfeiture of restricted stock pursuant to a July 10, 2023 agreement.
What does the 4,666-share transaction at $93.49 mean in the Corning Form 4?
The Form 4 shows that 4,666 shares of Corning common stock were withheld at $93.49 per share to satisfy Kammerud's tax withholding obligations upon the vesting of restricted stock.
How many Corning (GLW) shares does the SVP own after these transactions?
Following the reported transactions, Jordana Daryl Kammerud directly beneficially owned 32,772 shares of Corning common stock.
Were these Corning (GLW) insider transactions direct or indirect holdings?
Both reported positions in the Form 4 are listed as direct (D) ownership by Jordana Daryl Kammerud.
Do the reported Corning (GLW) insider transactions involve option exercises or derivative securities?
No derivative securities are listed in the reported data. The Form 4 shows only non-derivative common stock transactions related to restricted stock forfeiture and tax share withholding.