Corning SVP Amin sells 27,395 shares after option
Corning SVP and Chief Technology Officer Jaymin Amin reported option exercises and share sales.
Rhea-AI Filing Summary
Corning SVP and Chief Technology Officer Jaymin Amin reported option exercises and share sales. On May 22, 2026, he exercised stock options for 7,917 shares of Corning common stock at $27.00 per share and converted them into common shares.
On the same date, he sold 27,395 common shares in an open-market transaction at a weighted average price of $192.1386 per share, with individual trades ranging from $191.805 to $192.49. Following these transactions, he directly holds 94,400 common shares and has an additional 2,602.1453 units indirectly through a unitized stock fund in the company’s 401(k) retirement plan as of April 30, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
Amin Jaymin
Role
SVP and Chief Tech. Officer
Sold
27,395 shs ($5.26M)
Approx. gross sale proceeds
$5.26M
Approx. exercise cost
$214K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (Right to Buy) | 7,917 | $0.00 | $0.00 |
| Exercise | Common Stock | 7,917 | $27.00 | $214K |
| Sale | Common Stock | 27,395 | $192.1386 | $5.26M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Options (Right to Buy) — 0 contracts (Direct);
Common Stock — 94,400 shares (Direct);
Common Stock — 2,602.1453 shares (Indirect, Trustee u/Employee Benefit Plan)
Footnotes (2)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $191.805 to $192.49, inclusive. The reporting person undertakes to provide to Corning Incorporated, any security holder of Corning Incorporated, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth previously in this footnote.
- F2. 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
Shares sold: 27,395 shares
Weighted average sale price: $192.1386 per share
Options exercised: 7,917 shares
+4 more
7 metrics
Shares sold
27,395 shares
Open-market sale of Corning common stock on May 22, 2026
Weighted average sale price
$192.1386 per share
Average price across multiple sale transactions
Options exercised
7,917 shares
Stock options converted to common stock on May 22, 2026
Option exercise price
$27.00 per share
Strike price for exercised stock options
Direct holdings after transactions
94,400 shares
Corning common stock directly owned after May 22, 2026
Indirect 401(k) units
2,602.1453 units
Units in a unitized stock fund as of April 30, 2026
Exercised derivative position remaining
0 options
Exercised option grant shows 0 remaining after transaction
Key Terms
weighted average price, open-market sale, derivative security, unitized stock fund, +1 more
5 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
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.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
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."
FAQ
What did Corning (GLW) executive Jaymin Amin report in this Form 4 filing?
Jaymin Amin reported exercising stock options and selling Corning common shares. He exercised 7,917 options at $27.00 per share and sold 27,395 shares in open-market transactions, updating his direct and indirect ownership positions in GLW stock.
What stock options did Jaymin Amin exercise in Corning (GLW)?
He exercised stock options covering 7,917 shares of Corning common stock. The options had an exercise price of $27.00 per share and were originally scheduled to expire on March 31, 2027, converting into the same number of common shares upon exercise.
What does the weighted average price disclosure mean in this Corning (GLW) Form 4?
The filing reports a single weighted average sale price of $192.1386 per share. A footnote explains the shares were sold in multiple trades between $191.805 and $192.49, and detailed trade-by-trade pricing information is available to security holders or regulators upon request.
How are Jaymin Amin’s indirect Corning (GLW) holdings structured?
His indirect holdings are represented by 2,602.1453 units in a unitized stock fund. That fund is held through Corning’s 401(k) retirement plan and reflects exposure to Corning common stock as of April 30, 2026, with Amin listed as trustee under the employee benefit plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
