Corning (NYSE: GLW) SVP receives 4,056 RSUs and reports equity holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Corning Incorporated senior vice president Ronald L. Verkleeren received a grant of 4,056 restricted stock units (RSUs) on common stock. The award is classified as a grant or other acquisition at an exercise price of $0.00 per unit and is held directly.
Each RSU represents a contingent right to receive one share of Corning common stock. Footnotes describe RSU awards that vest 100% on April 15, 2026, April 15, 2027, April 14, 2028, and April 16, 2029, with earlier vesting possible upon events such as retirement, death, or disability.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Verkleeren Ronald L
Role
SVP Emerging Innovations Group
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 4,056 | $0.00 | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 4,056 shares (Direct);
Common Stock — 34,083 shares (Direct)
Footnotes (1)
- 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) vest 100% on April 16, 2029. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.
Key Figures
New RSU grant: 4,056 units
RSU block 1 underlying shares: 15,333 shares
RSU block 2 underlying shares: 11,612 shares
+5 more
8 metrics
New RSU grant
4,056 units
Grant of restricted stock units on common stock
RSU block 1 underlying shares
15,333 shares
Restricted stock units linked to Corning common stock, direct
RSU block 2 underlying shares
11,612 shares
Restricted stock units linked to Corning common stock, direct
RSU block 3 underlying shares
14,332 shares
Restricted stock units linked to Corning common stock, direct
Direct common stock holding
34,083 shares
Common stock held directly following reported transactions
RSU vesting date
April 15, 2026
Certain RSUs vest 100% on this date per footnote
RSU vesting date
April 14, 2028
Certain RSUs vest 100% on this date per footnote
RSU vesting date
April 16, 2029
Certain RSUs vest 100% on this date per footnote
Key Terms
Restricted Stock Unit, contingent right, vest 100%, underlying security
4 terms
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive one share"
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.
contingent right financial
"represents a contingent right to receive one share of Corning Incorporated common stock"
vest 100% financial
"The restricted stock units (RSUs) vest 100% on April 15, 2027"
underlying security financial
"underlying_security_title": "Common Stock""
FAQ
What insider transaction did Ronald L. Verkleeren report for Corning (GLW)?
Ronald L. Verkleeren reported receiving 4,056 restricted stock units in Corning common stock as a compensation grant. The award is recorded at an exercise price of $0.00 per unit and is held directly, reflecting an increase in his equity-based compensation position.
How many restricted stock units did the Corning (GLW) executive receive and what do they represent?
The executive received 4,056 restricted stock units. Each RSU represents a contingent right to receive one share of Corning common stock, meaning the units convert into shares if vesting conditions are met, aligning executive compensation with long-term shareholder interests.
When do the reported Corning (GLW) restricted stock units vest?
Footnotes state that certain Corning restricted stock unit grants vest 100% on April 15, 2026, April 15, 2027, April 14, 2028, and April 16, 2029. Vesting may occur earlier upon specified events, including retirement, death, disability, or other conditions outlined in the RSU agreements.
What other Corning (GLW) equity holdings are shown for Ronald L. Verkleeren?
The filing lists direct holdings of restricted stock units linked to 15,333, 11,612, and 14,332 underlying shares of Corning common stock. It also reports 34,083 shares of common stock held directly, providing a snapshot of the executive’s existing equity position alongside the new RSU grant.
Is the Corning (GLW) Form 4 transaction a stock purchase or sale?
The Form 4 transaction is not an open-market purchase or sale. It is coded as a grant, award, or other acquisition of 4,056 restricted stock units at an exercise price of $0.00, reflecting routine equity compensation rather than a discretionary market trade.