Corning (GLW) SVP details RSU vesting, share sales and remaining awards
Rhea-AI Filing Summary
Corning Incorporated senior vice president and general manager of Optical Communications reported routine equity activity in company stock. On January 2, 2026, the officer acquired 612 shares of Corning common stock at an exercise price of $0 through the vesting and settlement of restricted stock units, then disposed of 612 shares at $90.67, likely to cover related obligations, leaving 34,966 shares held directly.
The officer continues to hold multiple unvested restricted stock unit (RSU) awards, each convertible into one share of common stock. These include RSUs originally granted on February 8, 2023 that vest over three years, as well as RSUs scheduled to vest 100% on April 15, 2026, April 15, 2027, and April 14, 2028, subject to terms such as potential earlier vesting upon retirement, death, or disability.
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FAQ
What insider transaction did Corning (GLW) report in this Form 4?
The filing reports that a Corning senior vice president and general manager of Optical Communications acquired 612 shares of common stock via restricted stock unit settlement at an exercise price of $0 on January 2, 2026, and on the same date disposed of 612 shares at $90.67.
How many Corning (GLW) shares does the reporting officer own after the transaction?
Following the reported transactions on January 2, 2026, the officer directly beneficially owns 34,966 shares of Corning common stock.
What restricted stock units does the Corning (GLW) officer still hold?
The officer holds several restricted stock unit awards, including blocks of 1,091, 6,460, 6,244, and 14,704 RSUs, each representing a contingent right to receive one share of Corning common stock, subject to their specific vesting schedules.
When do the Corning (GLW) restricted stock units vest for this insider?
One RSU grant made on February 8, 2023 vests 1/3 after one year and 1/6 every six months until fully vested on the third anniversary. Other RSU awards are scheduled to vest 100% on April 15, 2026, April 15, 2027, and April 14, 2028, subject to the terms of their agreements.
Can Corning (GLW) restricted stock units vest early for this reporting person?
Yes. For several RSU awards, events such as retirement, death, or disability, and other events specified in the applicable agreements, may result in vesting prior to the scheduled vesting dates.
What role does the reporting person hold at Corning (GLW)?
The reporting person is an officer of Corning Incorporated, serving as Senior Vice President and General Manager, Optical Communications.