Corning (GLW) SVP Gullo converts RSUs; 331 shares withheld for taxes
Rhea-AI Filing Summary
Corning Incorporated senior vice president and CHRO Michelle L. Gullo reported several equity transactions dated February 9, 2026. She exercised 918 restricted stock units into an equal number of common shares at an exercise price of $0 and had 331 common shares withheld at $131.39 per share to satisfy tax obligations, leaving her with 36,587 directly held common shares.
Her spouse separately received 76 common shares from restricted stock unit conversion and had 32 shares withheld at $131.39 per share for taxes, ending with 44 common shares held indirectly, which Gullo disclaims beneficial ownership of. She also continues to hold 3,793, 4,378, and 3,670 restricted stock units that vest 100% on April 15, 2026, April 15, 2027, and April 14, 2028, respectively.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 918 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 76 | $0.00 | -- |
| Exercise | Common Stock | 918 | $0.00 | -- |
| Exercise | Common Stock - Held by Spouse | 76 | $0.00 | -- |
| Tax Withholding | Common Stock - Held by Spouse | 32 | $131.39 | $4K |
| Tax Withholding | Common Stock | 331 | $131.39 | $43K |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
Footnotes (1)
- The reporting person disclaims beneficial ownership of all securities held by spouse. Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock. The restricted stock units (RSUs) vest 100% on April 15, 2026. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date. The restricted stock units (RSUs) vest 100% on April 15, 2027. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date. The restricted stock units (RSUs) vest 100% on April 14, 2028. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date. The restricted stock units (RSUs) granted on February 8, 2023 vest 1/3 after 1 year from the grant date and 1/6 every 6 months thereafter until fully vested on the third anniversary of the grant date.