Corning SVP granted 6,532 RSUs in Form 4
O'Day Michael Paul reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
O'Day Michael Paul reported acquisition or exercise transactions in this Form 4 filing.
Corning Incorporated senior vice president and Optical Communications general manager Michael Paul O'Day received a grant of 6,532 restricted stock units (RSUs), each representing a contingent right to one share of Corning common stock. This is a compensation-related award, not an open-market purchase or sale.
Following the award, O'Day reports direct ownership of 30,692 shares of common stock and multiple outstanding RSU awards covering 6,460, 14,704, and 6,244 underlying shares. The RSUs are scheduled to vest 100% on various future April dates as described in the agreements, with certain events such as retirement, death, or disability potentially triggering earlier vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 6,532 | $0.00 | $0.00 |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (5)
- F1. Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
- F2. 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.
- F3. 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.
- F4. 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.
- F5. 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
Key Terms
Restricted Stock Unit financial
contingent right financial
vest 100% financial
retirement, death, disability financial
FAQ
What did Corning (GLW) executive Michael O'Day report in this Form 4?
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