Corning director granted 303 RSUs in equity award
Corning Inc. director Roger W. Ferguson Jr. received a grant of 303 restricted stock units (RSUs) on March 31, 2026 as part of his annual equity retainer.
Rhea-AI Filing Summary
Corning Inc. director Roger W. Ferguson Jr. received a grant of 303 restricted stock units (RSUs) on March 31, 2026 as part of his annual equity retainer. Each RSU represents a contingent right to receive one share of Corning common stock, with conversion and distribution deferred until a date he elects or his service as a director ends. Following the award, he is shown with 16,561 RSUs tied to common stock and 6,938 shares of common stock held directly, indicating this is a routine compensation-related equity grant rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 303 shares
Grant/Award
4 txns
Insider
Ferguson Roger W. Jr.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 303 | $135.97 | $41K |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 45,128 contracts for 28,567 underlying shares (Direct);
Common Stock — 6,938 shares (Direct)
Footnotes (5)
- F1. Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
- F2. Conversion of restricted stock units to the Company's common stock and distribution of such stock is deferred until a specific date as elected by the participant or termination of service as a Corning director.
- F3. Represents annual equity retainer in the form of restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Corning Incorporated common stock.
- F4. Represents restricted stock units (RSUs) granted under the Non-Employee Directors' Deferred Compensation Plan. Each RSU represents a contingent right to receive one share of Corning Incorporated common stock.
- F5. Conversion of restricted stock units to the Company's common stock and distribution of such stock under the Non-Employee Directors' Deferred Compensation Plan is deferred until a specific date as elected by the participant or termination of service as a Corning director.
Key Figures
RSUs granted: 303 restricted stock units
RSUs after transaction: 16,561 units
Common shares held: 6,938 shares
+2 more
5 metrics
RSUs granted
303 restricted stock units
Grant/award acquisition on March 31, 2026
RSUs after transaction
16,561 units
Total restricted stock units following the grant
Common shares held
6,938 shares
Direct Corning common stock holdings after reported date
RSU-to-share ratio
1 RSU : 1 share
Each RSU represents a contingent right to one share
RSU exercise price
$0.0000
Exercise or conversion price for reported RSUs
Key Terms
Restricted Stock Unit, annual equity retainer, Non-Employee Directors' Deferred Compensation Plan, contingent right to receive one share, +1 more
5 terms
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
annual equity retainer financial
"Represents annual equity retainer in the form of restricted stock units (RSUs)."
Non-Employee Directors' Deferred Compensation Plan financial
"Represents restricted stock units (RSUs) granted under the Non-Employee Directors' Deferred Compensation Plan."
deferred until a specific date financial
"Conversion of restricted stock units to the Company's common stock and distribution of such stock is deferred until a specific date as elected by the participant or termination of service as a Corning director."
FAQ
What did Corning (GLW) director Roger W. Ferguson Jr. report on this Form 4?
He reported receiving 303 restricted stock units (RSUs) on March 31, 2026 as an equity award. Each RSU is a right to receive one share of Corning common stock, with delivery deferred under the company’s director compensation arrangements.
Is the Corning (GLW) Form 4 transaction a market buy or sell?
No, the filing shows a grant/award acquisition of 303 RSUs, not an open-market trade. This reflects stock-based compensation for the director, rather than a discretionary purchase or sale of Corning common shares in the market.
How many Corning (GLW) restricted stock units does the director hold after this grant?
After the reported transactions, Roger W. Ferguson Jr. is shown with 16,561 restricted stock units linked to Corning common stock. These RSUs represent future share entitlements that will convert into common stock according to deferred distribution and director service terms.
What direct Corning (GLW) common stock holdings are shown for the director?
The filing lists 6,938 shares of Corning common stock held directly by Roger W. Ferguson Jr. on the reported date. This is separate from his RSU awards, which are rights to receive additional shares in the future under plan terms.
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