Corning director granted 161 RSUs, holds 6,938 shares
Corning Inc. director Roger W. Ferguson Jr. reported updated equity holdings.
Sentiment and the balance of points
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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.
Insider Trade Summary
| 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 | -- | -- | -- |
Footnotes (5)
- F1. Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
- F2. 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.
- F3. 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.
- F4. 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.
- F5. 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
Key Terms
Restricted Stock Unit financial
annual equity retainer financial
Non-Employee Directors' Deferred Compensation Plan financial
contingent right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did Corning (GLW) director Roger Ferguson report?
What restricted stock unit (RSU) grant did Corning (GLW) disclose for Roger Ferguson?
When will Roger Ferguson’s Corning (GLW) RSUs convert into common stock?
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