Corning COO sells 20,000 GLW shares at $195.93
Corning Inc. Executive Vice President & COO Avery H. Nelson III reported an open-market sale of 20,000 shares of Corning common stock on May 15, 2026 at $195.93 per share.
Rhea-AI Filing Summary
Corning Inc. Executive Vice President & COO Avery H. Nelson III reported an open-market sale of 20,000 shares of Corning common stock on May 15, 2026 at $195.93 per share. Following this sale, he directly holds 70,059 shares and indirectly holds 3,847.9401 units in a unitized Corning stock fund through the company’s 401(k) plan as of April 30, 2026.
Positive
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Negative
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Insights
Executive sells 20,000 shares but retains a substantial direct position.
The filing shows Corning’s Executive Vice President & COO, Avery H. Nelson III, completed an open-market sale of 20,000 shares of common stock at $195.93 per share on May 15, 2026. This is a discretionary sale coded as an open-market transaction.
After the sale, he directly owns 70,059 shares, indicating he retains a significant equity stake. He also has 3,847.9401 units in a unitized stock fund via the company’s 401(k) retirement plan as of April 30, 2026. No derivative positions are reported, and there is no reference to a Rule 10b5-1 trading plan in the excerpt.
The transaction is a net-sell event but appears as a partial reduction rather than an exit. Subsequent filings may clarify whether similar sales continue or if this was a one-time liquidity move.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 20,000 | $195.93 | $3.92M |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Ownership is represented by units held in a unitized stock fund through the issuer's 401(k) retirement plan as of April 30, 2026.
Key Figures
Key Terms
open-market sale financial
unitized stock fund financial
401(k) retirement plan financial
indirect ownership financial
FAQ
What insider transaction did Corning (GLW) report for Avery H. Nelson III?
Does the Corning (GLW) executive have any indirect holdings after this Form 4?
Were any derivative securities involved in this Corning (GLW) Form 4 filing?
Does the Corning (GLW) Form 4 mention a Rule 10b5-1 trading plan?
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