[Form 4] Corning Incorporated Insider Trading Activity
Rhea-AI Filing Summary
Eric S. Musser, identified as President and a director of Corning Incorporated (ticker: GLW), reported the sale of 20,000 shares of Corning common stock on 09/04/2025 at a weighted-average price of $70.2312 per share. The filing states the sale occurred in multiple transactions at prices ranging from $70.06 to $70.345; the reporting person offers to provide a breakdown of shares sold at each price upon request. After the reported sale, the filing shows 144,670 shares beneficially owned by the reporting person. The Form 4 was filed by one reporting person and was signed by a power of attorney, Melissa J. Gambol, on 09/04/2025.
Positive
- None.
Negative
- None.
Insights
TL;DR: Officer sold 20,000 GLW shares at a weighted average of $70.2312, retaining 144,670 shares—transaction appears routine.
The Form 4 discloses a direct sale of 20,000 shares by Eric S. Musser, identified as President and a director. The sale price is a weighted average of multiple transactions between $70.06 and $70.345. The filing confirms continued substantial ownership of 144,670 shares after the sale. From an investor-materiality perspective, the filing reports factual insider activity but provides no context such as tax-related sales, trading plans, or company developments. The disclosure meets Section 16 reporting requirements but does not, by itself, convey a change in company fundamentals.
TL;DR: Reported sale by a named officer/director complies with disclosure rules; ownership level remains material.
The Form 4 shows compliance with disclosure obligations: transaction date, nature (sale), number of shares, weighted-average price, and post-transaction beneficial ownership are all reported. The signature block indicates the filing was executed by a power of attorney. There is no indication in the filing of a Rule 10b5-1 plan or other characterization of the sale. The retained ownership of 144,670 shares is explicitly stated, which is relevant for assessing ongoing insider alignment with shareholders.