Corning (GLW) SVP Stefan Becker donates 126 shares in Form 4 filing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Corning Inc. senior vice president Stefan Becker reported a charitable stock gift. He transferred 126 shares of Corning common stock as a bona fide gift to a non-profit charitable organization, with no sale proceeds involved. Following the gift, he directly holds 7,137 Corning shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
126 shares gifted
Mixed
1 txn
Insider
Becker Stefan
Role
SVP, Finance & Corp Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 126 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 7,137 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Gifted shares: 126 shares
Shares held after transaction: 7,137 shares
Price per share: $0.00
+1 more
4 metrics
Gifted shares
126 shares
Bona fide gift of common stock
Shares held after transaction
7,137 shares
Direct ownership following gift
Price per share
$0.00
No consideration on gifted shares
Gift transactions count
1 transaction
Non-derivative gift coded G
Key Terms
bona fide gift, non-derivative, Form 4, transaction code G
4 terms
bona fide gift financial
"The transaction code is “G,” described as a bona fide gift."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
non-derivative financial
"The transaction involves non-derivative common stock rather than options."
Form 4 regulatory
"The insider transaction is reported on a Form 4 filing."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
transaction code G financial
"The filing uses transaction code G to classify the gift."
FAQ
What insider transaction did Corning (GLW) executive Stefan Becker report?
Stefan Becker reported a bona fide gift of 126 shares of Corning common stock. The shares were donated to a non-profit charitable organization, meaning there was no sale and no cash proceeds, and the transaction was not an open-market trade.
Was the Corning (GLW) Form 4 transaction a sale or a purchase?
The Form 4 shows no purchases or sales. Instead, it records a bona fide gift of 126 shares to a non-profit charitable organization. The transaction carries code “G,” and there is no reported price per share or market trading activity.
Does the Corning (GLW) Form 4 indicate any derivative transactions by Stefan Becker?
The filing shows no derivative transactions for Stefan Becker. The transaction involves only non-derivative common stock, with no options or other derivatives exercised or converted, and the derivative position summary in the filing is reported as empty.