[Form 4] CORNING INC /NY Insider Trading Activity
Rhea-AI Filing Summary
Wendell P. Weeks, Chairman and CEO of Corning Inc. (GLW), reported a change in beneficial ownership on Form 4. The filing shows a disposition on 09/15/2025 coded G for 40,000 shares of Corning common stock, with 772,101 shares reported as beneficially owned directly after the transaction. The filing also reports indirect holdings: 9,200 shares held by spouse and additional indirect interests represented by 7,073.9212 units in a unitized 401(k) stock fund and 11,660.6822 units held as trustee under an employee benefit plan. The reporting person disclaims beneficial ownership of spouse-held securities. The form is signed by power of attorney on 09/16/2025.
Positive
- Timely disclosure of insider transaction filed on Form 4 with signature by power of attorney
- Significant retained direct ownership of 772,101 shares following the reported disposition
- Transparent reporting of indirect holdings including spouse-held shares and 401(k) units
Negative
- Reported disposition of 40,000 shares on 09/15/2025
- Price field listed as $0 in the filing, which provides no explicit sale price in the document
Insights
TL;DR: Routine insider disposition disclosed; senior executive retains substantial direct and indirect ownership.
The Form 4 documents a single reported disposition (Code G) of 40,000 shares by Wendell P. Weeks on 09/15/2025. Code G filings commonly indicate a transaction under a written plan or similar mechanism; the form itself includes no commentary beyond the transaction and ownership tallies. Post-transaction direct ownership of 772,101 shares suggests the CEO maintains a significant equity stake. Indirect holdings through spouse and the issuer's 401(k) plan are disclosed and the reporting person expressly disclaims beneficial ownership of spouse-held shares. From a governance perspective, the company received timely disclosure and the filing is complete for the items reported.
TL;DR: The disclosed sale is a single, identifiable disposition with limited apparent market impact given the retained stake.
The record shows a disposition of 40,000 shares with 772,101 shares remaining directly owned by the reporting person. The filing lists indirect holdings including 9,200 shares held by spouse and units in the issuer's 401(k) and employee benefit plan totaling 18,734.6034 units across two entries. The Form 4 provides no price other than a listed $0 which may reflect reporting format rather than an economic price; no additional trades, exercisable derivatives, or amendments are included. For investors assessing share supply or insider conviction, the material facts disclosed are limited to quantities and ownership forms.