Corning (GLW) SVP awarded three performance share unit grants
Rhea-AI Filing Summary
Corning Incorporated senior vice president, Finance & Corporate Controller Stefan Becker reported new equity awards in the form of performance share units tied to fiscal year 2025 results. On February 4, 2026, he received grants of 9,359, 10,182, and 15,225 performance share units, each representing the right to receive one share of Corning common stock.
The awards were earned after the Compensation Committee determined that performance criteria for 2025 were satisfied under separate 2023, 2024, and 2025 agreements. These earned units remain restricted and are scheduled to vest and convert to common stock on April 15, 2026, April 15, 2027, and April 14, 2028, subject to continued service. Becker also reports beneficial ownership of 5,049 shares of Corning common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Share Unit | 9,359 | $0.00 | -- |
| Grant/Award | Performance Share Unit | 10,182 | $0.00 | -- |
| Grant/Award | Performance Share Unit | 15,225 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock. Performance share units (PSUs) were earned February 4, 2026 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2025 pursuant to the 2025 agreement. Earned PSUs remain restricted until April 14, 2028, when they vest and convert to common stock, subject to service-based vesting requirement. Performance share units (PSUs) were earned February 4, 2026 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2025 pursuant to the 2024 agreement. Earned PSUs remain restricted until April 15, 2027, when they vest and convert to common stock, subject to service-based vesting requirement. Performance share units (PSUs) were earned February 4, 2026 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2025 pursuant to the 2023 agreement. Earned PSUs remain restricted until April 15, 2026, when they vest and convert to common stock, subject to service-based vesting requirement.