Corning (GLW) CEO and chairman reports gift of 24,322 shares, holds 747,779 directly
Rhea-AI Filing Summary
Corning Inc. (GLW) chairman, CEO and president reports equity transfer. A Form 4 filing shows the insider, who is also a director, disposed of 24,322 shares of Corning common stock on 12/04/2025 in a transaction coded “G,” which indicates a gift, at a stated price of $0 per share. After this transaction, the insider directly beneficially owns 747,779 Corning shares, with additional indirect holdings including 9,200 shares held by a spouse, 7,098.3039 units held by the spouse through an employee benefit plan, and 11,700.9117 units held as trustee under an employee benefit plan. The filing notes it was submitted late due to an administrative error and states that the reporting person disclaims beneficial ownership of all securities held by the spouse.
Positive
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Negative
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FAQ
What insider transaction did Corning (GLW) report in this Form 4?
The Form 4 reports that Corning’s chairman, CEO and president, who is also a director, disposed of 24,322 shares of common stock on 12/04/2025 in a transaction coded “G,” indicating a gift at a stated price of $0 per share.
How many Corning (GLW) shares does the insider own after the reported transaction?
Following the reported gift of 24,322 shares, the insider directly beneficially owns 747,779 shares of Corning common stock. There are also indirect holdings through a spouse and employee benefit plans.
What indirect Corning (GLW) holdings are associated with the reporting person?
Indirect holdings include 9,200 shares held by the spouse, 7,098.3039 units in a unitized stock fund held by the spouse through an employee benefit plan, and 11,700.9117 units held as trustee under an employee benefit plan. The reporting person disclaims beneficial ownership of securities held by the spouse.
Why was this Corning (GLW) Form 4 filing made late?
The remarks section states that the Form 4 was filed late due to an administrative error and that it was not due to any error of the reporting person.
What is the role of the reporting person at Corning (GLW)?
The reporting person is identified as a director and an officer of Corning Inc., serving as Chairman, CEO and President.
Does the Corning (GLW) insider claim beneficial ownership of the spouse’s shares?
No. The explanation of responses states that the reporting person disclaims beneficial ownership of all securities held by the spouse.