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Corning (GLW) SVP Seetharam granted performance share units after 2025 goals

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Corning Incorporated reported that Senior Vice President & CDIO Soumya Seetharam received new performance share unit (PSU) awards on February 4, 2026. These PSUs were earned after the Compensation Committee determined that performance goals for fiscal 2025 were met under 2023, 2024, and 2025 agreements. The awards cover separate PSU blocks of 8,445, 10,182, and 15,225 units, each representing the right to receive one share of Corning common stock. The earned PSUs remain restricted and are scheduled to vest and convert into common stock on April 15, 2026, April 15, 2027, and April 14, 2028, subject to continued service. Following these awards, Seetharam also holds 16,756 shares of Corning common stock directly.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Seetharam Soumya

(Last) (First) (Middle)
ONE RIVERFRONT PLAZA

(Street)
CORNING NY 14831

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CORNING INC /NY [ GLW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Senior Vice President & CDIO
3. Date of Earliest Transaction (Month/Day/Year)
02/04/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 16,756 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance Share Unit (1) 02/04/2026 A 8,445 (2) (2) Common Stock 8,445 $0 8,445 D
Performance Share Unit (1) 02/04/2026 A 10,182 (3) (3) Common Stock 10,182 $0 23,406 D
Performance Share Unit (1) 02/04/2026 A 15,225 (4) (4) Common Stock 15,225 $0 31,046 D
Explanation of Responses:
1. Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock.
2. Performance share units (PSUs) were earned February 4, 2026 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2025 pursuant to the 2025 agreement. Earned PSUs remain restricted until April 14, 2028, when they vest and convert to common stock, subject to service-based vesting requirement.
3. Performance share units (PSUs) were earned February 4, 2026 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2025 pursuant to the 2024 agreement. Earned PSUs remain restricted until April 15, 2027, when they vest and convert to common stock, subject to service-based vesting requirement.
4. Performance share units (PSUs) were earned February 4, 2026 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2025 pursuant to the 2023 agreement. Earned PSUs remain restricted until April 15, 2026, when they vest and convert to common stock, subject to service-based vesting requirement.
Melissa J. Gambol, Power of Attorney 02/06/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Corning (GLW) report for Soumya Seetharam?

Corning reported that Senior Vice President & CDIO Soumya Seetharam received multiple performance share unit awards on February 4, 2026. These PSUs were earned after fiscal 2025 performance goals were confirmed as satisfied by the Compensation Committee under several prior-year agreements.

How many performance share units did the Corning (GLW) executive receive?

Soumya Seetharam received PSU awards in three blocks: 8,445 units, 10,182 units, and 15,225 units. Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock if vesting and service conditions are satisfied.

When do the newly earned Corning (GLW) performance share units vest?

The earned performance share units vest in stages: one tranche on April 15, 2026, another on April 15, 2027, and the final tranche on April 14, 2028. Vesting and conversion into common stock remain subject to a service-based vesting requirement.

What performance period is tied to these Corning (GLW) PSU awards?

The PSUs were earned based on fiscal year 2025 performance. On February 4, 2026, Corning’s Compensation Committee determined performance criteria were satisfied for 2025 under the 2023, 2024, and 2025 PSU agreements, triggering the earning of the corresponding performance share units.

How many Corning (GLW) common shares does the executive hold after this filing?

After the reported transactions, Soumya Seetharam directly holds 16,756 shares of Corning common stock. This figure reflects the amount of non-derivative common stock beneficially owned following the PSU-related reporting in this Form 4 filing.

Do the Corning (GLW) performance share units have an exercise price?

The reported performance share units have an exercise price of $0.00 per unit. Each PSU is a contingent right to receive one share of Corning common stock upon vesting and does not require cash payment by the executive to convert into shares.
Corning

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Drawing & Insulating of Nonferrous Wire
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