Corning (GLW) EVP John Z. Zhang sells 10,000 shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Corning Incorporated executive John Z. Zhang reported an open-market sale of 10,000 shares of common stock. The transactions occurred on May 11, 2026 at a weighted average price of $198.3383 per share, with individual trade prices ranging from $198.00 to $198.85. Following the sale, Zhang directly holds 5,138 Corning shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,000 shares ($1,983,383)
Net Sell
1 txn
Insider
Zhang John Z
Role
Exec. Vice President & CCDO
Sold
10,000 shs ($1.98M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,000 | $198.3383 | $1.98M |
Holdings After Transaction:
Common Stock — 5,138 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 10,000 shares
Weighted average sale price: $198.3383 per share
Post-transaction holdings: 5,138 shares
+1 more
4 metrics
Shares sold
10,000 shares
Open-market sale of Corning common stock on May 11, 2026
Weighted average sale price
$198.3383 per share
Average price for 10,000 Corning shares sold
Post-transaction holdings
5,138 shares
Common stock directly held after the sale
Price range of sales
$198.00–$198.85 per share
Range of individual trade prices within the 10,000-share sale
Key Terms
open-market sale, weighted average price, non-derivative, Form 4
4 terms
open-market sale financial
"transaction_action: open-market sale"
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.
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.
non-derivative financial
"transaction_type: non-derivative"
Form 4 regulatory
"This transaction was disclosed in a Form 4 insider 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.
FAQ
What insider transaction did Corning (GLW) report for John Z. Zhang?
Corning reported that executive John Z. Zhang completed an open-market sale of 10,000 shares of common stock on May 11, 2026. This transaction was disclosed in a Form 4 insider filing with the SEC.
What type of insider transaction did John Z. Zhang execute in Corning (GLW) stock?
The Form 4 classifies John Z. Zhang’s activity as an open-market sale of non-derivative common stock. The transaction code is “S,” indicating a sale in the open market or a private transaction.