Corning (GLW) director Kevin J. Martin receives 1,806 RSU equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Corning director Kevin J. Martin reported receiving an award of 1,806 restricted stock units (RSUs) of Corning Incorporated common stock on February 11, 2026, recorded at a price of $0 per unit as a grant or other acquisition. Following this grant, he directly holds 52,853 RSUs, each representing a contingent right to receive one share of Corning common stock, and 31,506 shares of common stock.
The RSUs include awards under Corning’s Non-Employee Directors' Deferred Compensation Plan and the annual equity retainer for directors. Conversion of these RSUs into common stock is deferred until a date elected by Martin or until his service as a Corning director ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Martin Kevin J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 1,806 | $0.00 | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 52,853 shares (Direct);
Common Stock — 31,506 shares (Direct)
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 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. 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.
FAQ
What insider transaction did Corning (GLW) director Kevin J. Martin report?
Kevin J. Martin reported receiving a grant of 1,806 restricted stock units (RSUs) of Corning common stock on February 11, 2026. The filing classifies this as a grant, award, or other acquisition at a reported price of $0 per unit.
How many Corning (GLW) restricted stock units does Kevin J. Martin now hold?
After the reported grant, Kevin J. Martin directly holds 52,853 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Corning Incorporated common stock at a future distribution time, subject to the plan’s deferral terms.
Does Kevin J. Martin also own Corning (GLW) common stock directly?
Yes. The filing shows Kevin J. Martin directly owns 31,506 shares of Corning common stock in addition to his RSU holdings. This common stock position is reported in the non-derivative securities table with a direct ownership form designated as “D”.
What is the nature of the RSUs granted to Corning (GLW) director Kevin J. Martin?
The RSUs represent a contingent right to receive one share of Corning common stock per unit. Some are granted under the Non-Employee Directors' Deferred Compensation Plan, and the filing states they include the annual equity retainer for non-employee directors.
When will Kevin J. Martin’s Corning (GLW) RSUs convert into common stock?
Conversion and distribution of the RSUs into Corning common stock are deferred until a specific date elected by Kevin J. Martin or upon his termination of service as a Corning director, as described in the explanatory footnotes.
What plan governs some of Kevin J. Martin’s Corning (GLW) RSUs?
Some RSUs are granted under Corning’s Non-Employee Directors' Deferred Compensation Plan. Under this plan, each RSU equals one share of common stock, with distribution deferred to an elected date or the end of the director’s service, according to the filing’s footnotes.