[Form 4] CORNING INC /NY Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Corning Inc. director Roger W. Ferguson Jr. reported updated equity holdings. He received a grant of 161 restricted stock units (RSUs) as a grant or award, representing a contingent right to receive the same number of Corning common shares.
After this grant, he directly holds 6,938 shares of common stock and RSUs tied to 27,644 and 923 underlying common shares. The footnotes state that RSU conversion and share distribution are deferred until a specific date elected by the participant or until his service as a Corning director ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Ferguson Roger W. Jr.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 161 | $255.43 | $41K |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 16,722 shares (Direct, null);
Common Stock — 6,938 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock. 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. 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. 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. 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: 161 restricted stock units
Common shares held: 6,938 shares
RSUs underlying shares (position 1): 27,644 underlying shares
+1 more
4 metrics
RSU grant
161 restricted stock units
Grant or award acquisition on 2026-06-30
Common shares held
6,938 shares
Direct ownership after transactions on 2026-06-30
RSUs underlying shares (position 1)
27,644 underlying shares
Restricted stock units linked to Corning common stock
RSUs underlying shares (position 2)
923 underlying shares
Additional restricted stock units linked to 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"
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"
Non-Employee Directors' Deferred Compensation Plan financial
"RSUs granted under the Non-Employee Directors' Deferred Compensation Plan"
contingent right financial
"Each RSU represents a contingent right to receive one share"
FAQ
What insider activity did Corning (GLW) director Roger Ferguson report?
Roger W. Ferguson Jr. reported a grant of 161 restricted stock units (RSUs) linked to Corning common stock. The filing also updates his existing common share and RSU holdings, reflecting his current equity-based compensation position as a non-employee director.
What restricted stock unit (RSU) grant did Corning (GLW) disclose for Roger Ferguson?
Corning disclosed that Roger W. Ferguson Jr. received a grant of 161 restricted stock units. Each RSU represents a contingent right to receive one share of Corning common stock, forming part of his annual equity-based director compensation.
When will Roger Ferguson’s Corning (GLW) RSUs convert into common stock?
The RSUs convert to Corning common stock and are distributed on a deferred basis. Conversion occurs on a date Ferguson elects in advance or upon termination of his service as a Corning director, according to the footnote language.