STOCK TITAN

Corning (GLW) director awarded restricted stock units and reports updated share holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Corning Incorporated director Robert F. Cummings Jr reported an update to his equity holdings. On June 30, 2026, he received a grant of 161 restricted stock units (RSUs), each representing a contingent right to one share of Corning common stock.

Following the filing, he directly holds 151,199 shares of common stock. He also holds multiple RSU awards, including positions covering 52,853, 1,841, and 1,059 underlying shares. Conversion and distribution of these RSUs into common stock are deferred until a date he elects or his termination of service as a Corning director under the company’s non-employee director plans.

Positive

  • None.

Negative

  • None.

Insights

Routine RSU grant to Corning director with no open-market trading.

The filing shows Robert F. Cummings Jr, a Corning director, receiving an award of 161 restricted stock units. RSUs are compensation instruments that convert into shares later, rather than immediate stock purchases or sales in the market.

The transaction code and description indicate a grant/award acquisition, with no open-market buy or sell activity and no tax-withholding or restructuring entries. He retains a substantial common stock position of 151,199 shares plus multiple deferred RSU awards.

This looks like routine director compensation under Corning’s non-employee director plans, with share delivery deferred until a chosen date or termination of board service. There is no clear signal about his view on the stock’s short-term prospects.

Insider CUMMINGS ROBERT F JR
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Unit 161 $255.43 $41K
holding Restricted Stock Unit -- -- --
holding Restricted Stock Unit -- -- --
holding Restricted Stock Unit -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Unit — 130,762 shares (Direct, null); Common Stock — 151,199 shares (Direct, null)
Footnotes (1)
  1. Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock. 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. 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. 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. 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.
RSUs granted 161 units Grant of restricted stock units on June 30, 2026
Common stock held 151,199 shares Direct ownership following reported transactions
RSU underlying shares 52,853 shares One RSU award’s underlying Corning common shares
Additional RSU award 1,841 underlying shares Separate RSU position linked to common stock
Additional RSU award 1,059 underlying shares Another RSU position linked to common stock
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."
contingent right financial
"Each RSU represents a contingent right to receive one share of Corning Incorporated common stock."
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What insider transaction did Corning (GLW) report for Robert F. Cummings Jr?

Corning reported a grant of 161 restricted stock units (RSUs) to director Robert F. Cummings Jr. These RSUs are part of his equity compensation and represent rights to receive Corning common shares at a future date, rather than an immediate stock market purchase or sale.

Did the Corning (GLW) director buy or sell common stock in this Form 4?

The Form 4 does not show any open-market purchases or sales of Corning common stock. Instead, it records a compensation-related grant of restricted stock units and updates to existing RSU and share holdings, which do not involve immediate market trading activity.

How many Corning (GLW) shares does Robert F. Cummings Jr hold after this filing?

After the reported transactions, Robert F. Cummings Jr directly holds 151,199 shares of Corning common stock. In addition, he has several restricted stock unit awards outstanding, which may convert into additional shares at future dates under the company’s director compensation plans.

What are the key details of the RSU grant to the Corning (GLW) director?

The director received 161 restricted stock units, each tied to one Corning common share. These RSUs were granted as part of his annual equity retainer and non-employee director deferred compensation arrangements, with share delivery deferred until a chosen date or termination of board service.

How do Corning (GLW) restricted stock units for directors convert into common stock?

Each director RSU represents a contingent right to receive one share of Corning common stock. Conversion and distribution occur on a specific date elected by the director or upon termination of service as a Corning director, under the company’s deferred compensation and equity retainer plans.

Is the Corning (GLW) Form 4 transaction a strong bullish or bearish signal?

The reported activity appears to be routine equity compensation, not a market-timed trade. It shows a grant of restricted stock units and updated holdings, without open-market buying or selling, so it carries limited directional signal about the director’s short-term view of Corning stock.
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*
CUMMINGS ROBERT F JR

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026
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 Stock151,199D
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
Restricted Stock Unit(1) (2) (2)Common Stock1,0591,059D
Restricted Stock Unit(1) (2) (2)Common Stock1,8411,841D
Restricted Stock Unit(3) (2) (2)Common Stock52,85352,853D
Restricted Stock Unit(4)06/30/2026A161 (5) (5)Common Stock161$255.43130,762D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
2. 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.
3. 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.
4. 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.
5. 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.
Melissa J. Gambol, Power of Attorney07/01/2026
** 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)