Corning (NYSE: GLW) CFO details insider stock and RSU activity
Rhea-AI Filing Summary
Corning Incorporated’s Executive Vice President and CFO reported routine equity award activity. On 01/02/2026, 1,035 shares of common stock were acquired at an exercise price of $0 from restricted stock units, and 1,035 shares were disposed of at $90.67, typically indicating shares withheld to cover obligations. After these transactions, the officer directly owned 66,959 shares of common stock.
The reporting person also held restricted stock units representing the right to receive common stock in the future, including 21,888 RSUs vesting 100% on April 15, 2027, 19,088 RSUs vesting 100% on April 15, 2026, and additional RSUs vesting 100% on April 14, 2028. Certain events such as retirement, death, or disability may cause these RSUs to vest earlier than the stated dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 1,035 | $0.00 | -- |
| Exercise | Common Stock | 1,035 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,035 | $90.67 | $94K |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
Footnotes (1)
- 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, 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 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 14, 2028. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.
FAQ
What insider transaction did Corning (GLW) disclose for its CFO?
The Executive Vice President and CFO acquired 1,035 shares of Corning common stock at an exercise price of $0 from restricted stock units on 01/02/2026, and on the same date 1,035 shares were disposed of at $90.67, typically reflecting shares withheld to satisfy obligations.
What restricted stock units (RSUs) does the Corning (GLW) officer hold and when do they vest?
The officer holds RSUs that each represent a contingent right to receive one share of Corning common stock, including 21,888 RSUs vesting 100% on April 15, 2027, 19,088 RSUs vesting 100% on April 15, 2026, and additional RSUs vesting 100% on April 14, 2028. Certain events may cause earlier vesting.
What do the transaction codes M and F mean in this Corning (GLW) insider filing?
In this filing, code M reflects the acquisition of 1,035 shares through the exercise or settlement of restricted stock units at $0, and code F reflects the disposition of 1,035 shares at $90.67, typically to cover related obligations.
Is this Corning (GLW) insider transaction filed under a 10b5-1 trading plan?
The form includes a check box for trades made under a Rule 10b5-1(c) contract or plan, but the excerpt does not indicate that this box was checked for the reported transactions.
What role does the reporting person hold at Corning (GLW)?
The reporting person serves as an Executive Vice President and Chief Financial Officer of Corning Incorporated.