STOCK TITAN

Corning (GLW) COO Avery H. Nelson III sells 20,000 shares, keeps 70,059

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

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

  • None.

Negative

  • None.

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 Nelson Avery H III
Role Executive Vice President & COO
Sold 20,000 shs ($3.92M)
Type Security Shares Price Value
Sale Common Stock 20,000 $195.93 $3.92M
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 70,059 shares (Direct, null); Common Stock — 3,847.94 shares (Indirect, Trustee u/Employee Benefit Plan)
Footnotes (1)
  1. [object Object]
Shares sold 20,000 shares Open-market sale on May 15, 2026
Sale price $195.93 per share Open-market sale on May 15, 2026
Direct holdings after sale 70,059 shares Common stock held directly after transaction
Indirect 401(k) units 3,847.9401 units Unitized stock fund through 401(k) as of April 30, 2026
Net share change -20,000 shares Net buy/sell direction in transaction summary
open-market sale financial
"Sale in open market or private transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
unitized stock fund financial
"Ownership is represented by units held in a unitized stock fund"
401(k) retirement plan financial
"through the issuer's 401(k) retirement plan as of April 30, 2026"
indirect ownership financial
"ownership_type: indirect and nature_of_ownership: Trustee u/Employee Benefit Plan"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Nelson Avery H III

(Last)(First)(Middle)
ONE RIVERFRONT PLAZA

(Street)
CORNING NEW YORK 14831

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CORNING INC /NY [ GLW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Executive Vice President & COO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/15/2026S20,000D$195.9370,059D
Common Stock3,847.9401(1)ITrustee u/Employee Benefit Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Ownership is represented by units held in a unitized stock fund through the issuer's 401(k) retirement plan as of April 30, 2026.
Melissa J. Gambol, Power of Attorney05/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Corning (GLW) report for Avery H. Nelson III?

Corning reported that Executive Vice President & COO Avery H. Nelson III sold 20,000 shares of common stock. The sale occurred on May 15, 2026, and was coded as an open-market or private transaction at a reported price of $195.93 per share.

At what price did the Corning (GLW) executive sell his shares?

The executive’s 20,000 Corning common shares were sold at $195.93 per share. This price is disclosed as the transaction price in the Form 4 and applies to the open-market or private sale on May 15, 2026.

How many Corning (GLW) shares does Avery H. Nelson III hold after the sale?

After the reported sale, Avery H. Nelson III directly holds 70,059 shares of Corning common stock. This post-transaction figure comes from the Form 4 and reflects his remaining direct ownership as of the May 15, 2026 transaction date.

Does the Corning (GLW) executive have any indirect holdings after this Form 4?

Yes. The filing shows 3,847.9401 units in a unitized Corning stock fund held through the issuer’s 401(k) retirement plan. These units represent indirect ownership, reported as of April 30, 2026, with the executive listed as trustee under the employee benefit plan.

Were any derivative securities involved in this Corning (GLW) Form 4 filing?

No derivative securities are reported in this Form 4. The transactions disclosed relate only to Corning common stock, including one open-market sale and a holding entry tied to units in a unitized stock fund under the company’s 401(k) retirement plan.

Does the Corning (GLW) Form 4 mention a Rule 10b5-1 trading plan?

The available excerpt does not reference a Rule 10b5-1 trading plan. The sale is identified as an open-market or private transaction without any specific indication in this text that it was executed under a pre-arranged trading plan.