Corning director receives 161 restricted stock units
Corning Inc. director Stephanie Burns reported a new equity grant, not an open-market trade.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Corning Inc. director Stephanie Burns reported a new equity grant, not an open-market trade. On June 30, 2026, she received 161 restricted stock units (RSUs) as part of her annual equity retainer, each representing a contingent right to one Corning common share. Conversion and distribution of these RSUs are deferred until a date she elected or until her service as a Corning director ends. Following this filing, she holds 56,888 common shares directly and 107 common shares indirectly through a trust, along with multiple outstanding RSU awards.
Insider Trade Summary
Grant/Award: 161 shares
Grant/Award
6 txns
Insider
BURNS STEPHANIE
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 161 | $255.43 | $41K |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 82,484 contracts for 55,715 underlying shares (Direct);
Common Stock — 56,888 shares (Direct);
Common Stock — 107 shares (Indirect, By Trust)
Footnotes (5)
- F1. Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
- F2. 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.
- F3. 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.
- F4. 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.
- F5. 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.
Key Figures
RSU grant size: 161 units
Common shares held directly: 56,888 shares
Common shares held by trust: 107 shares
+3 more
6 metrics
RSU grant size
161 units
Restricted stock units granted on June 30, 2026
Common shares held directly
56,888 shares
Total Corning common stock directly owned after transaction
Common shares held by trust
107 shares
Indirect Corning common stock ownership through a trust
RSU position 1
52,853 underlying shares
Restricted stock units convertible into Corning common stock
RSU position 2
1,817 underlying shares
Restricted stock units under deferred compensation arrangements
RSU position 3
1,045 underlying shares
Additional restricted stock units linked to Corning common stock
Key Terms
Restricted Stock Unit, annual equity retainer, Non-Employee Directors' Deferred Compensation Plan, contingent right
4 terms
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
annual equity retainer financial
"Represents annual equity retainer in the form of restricted stock units (RSUs)."
Non-Employee Directors' Deferred Compensation Plan financial
"Represents restricted stock units (RSUs) granted under the Non-Employee Directors' Deferred Compensation Plan."
contingent right financial
"Each RSU represents a contingent right to receive one share of Corning Incorporated common stock."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Corning (GLW) director Stephanie Burns report?
Stephanie Burns reported receiving 161 restricted stock units as part of her annual equity retainer. These RSUs are a compensation grant, not a market purchase or sale, and each unit represents a contingent right to one share of Corning common stock.
What does each restricted stock unit (RSU) for Corning (GLW) represent?
Each Corning restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock. The units are part of director compensation and generally convert into shares at a later date, rather than being immediately tradeable like common stock.
What Corning (GLW) deferred compensation plans are mentioned in this filing?
The filing references Corning’s Non-Employee Directors’ Deferred Compensation Plan. Under this plan, restricted stock units granted to directors convert into common stock and are distributed at a director-selected future date or upon termination of board service.
Is the Corning (GLW) RSU grant to Stephanie Burns an open-market purchase or sale?
No, the 161-unit RSU transaction is a compensation grant, not an open-market trade. It represents part of her annual equity retainer, delivered as restricted stock units that will convert into Corning common shares at a future deferred date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates