[Form 4] Corning Incorporated Insider Trading Activity
Rhea-AI Filing Summary
Amin Jaymin, Corning Incorporated's SVP and Chief Technology Officer, reported changes in his beneficial ownership on 08/08/2025. The Form 4 shows an acquisition of 2,641 common shares through restricted stock unit (RSU) vesting at a $0 price and a separate disposition of 1,349 common shares at $65.77. The filing also records 2,579.5568 units held indirectly in a unitized stock fund through Corning's 401(k) plan as of July 31, 2025.
The filing lists RSU awards with scheduled vesting dates of April 15, 2026, April 15, 2027, and April 14, 2028, and describes the Feb 8, 2023 RSU grant vesting 1/3 after one year then 1/6 every six months until fully vested on the third anniversary. Reported beneficial ownership figures in the Form 4 appear as 99,861 and 98,512 shares following the reported transactions.
Positive
- RSU vesting increased equity alignment: Acquisition of 2,641 shares via RSU vesting at $0 strengthens insider ownership.
- Retirement-plan holdings disclosed: 2,579.5568 units held indirectly in the issuer's 401(k) unitized stock fund as of July 31, 2025.
Negative
- Insider sale recorded: Disposition of 1,349 shares at $65.77 on 08/08/2025 reduced direct holdings on a reported line.
Insights
TL;DR Insider activity shows routine RSU vesting and a small sale; overall holdings remain material in absolute terms.
The Form 4 discloses an RSU-driven acquisition of 2,641 shares at no cash price and a disposition of 1,349 shares at $65.77 on 08/08/2025. The reporting person retains indirect retirement-plan exposure of 2,579.5568 units. These transactions are consistent with compensation vesting and routine portfolio management rather than an extraordinary corporate event. The filing provides clear vesting schedules for multiple RSU grants, which indicates ongoing equity-based alignment with shareholders.
TL;DR Transactions reflect compensation vesting and a discrete sale; disclosure is standard and transparent.
The disclosure identifies RSUs that vest on April 15, 2026, April 15, 2027, and April 14, 2028, and specifies the vesting cadence for a Feb 8, 2023 grant. The Form states the nature of indirect ownership (trustee under employee benefit plan) and reports post-transaction beneficial ownership figures of 99,861 and 98,512 shares on separate lines. From a governance perspective, the filing meets Section 16 reporting requirements and provides useful granularity on executive equity holdings and timing.