Corning Incorporated (GLW) received a Rule 144 notice covering a proposed sale of common stock for the account of Lewis Steverson. The notice lists 13,100 shares of Corning common stock to be sold through UBS Financial Services Inc., with an aggregate market value of $1,981,863.52 and listing on the NYSE.
The securities are described as acquired on April 15, 2026 via a restricted stock release from the issuer. The Form 144 is signed by Mijo Suric for UBS Financial Services Inc., acting as attorney-in-fact for Lewis Steverson.
Corning Incorporated reported strong growth for the quarter ended June 30, 2026, with net sales of $4.505 billion, up 17% year over year, and consolidated net income of $609 million. Net income attributable to Corning rose to $559 million, or diluted earnings per share of $0.64, while core earnings per share reached $0.78.
Growth was led by Optical Communications, where sales increased to $2.072 billion, and by Solar, where sales nearly doubled to $438 million, partly offset by ramp-up costs that produced a small Solar segment loss. Operating cash flow for the first half of 2026 more than doubled to $2.079 billion, supporting $0.28-per-share quarterly dividends and debt repayment, including €300 million of notes. Corning also expanded a long-term AI infrastructure partnership, recording a $1.0 billion customer deposit and issuing equity-classified warrants valued at $296 million plus a $500 million pre-funded warrant, while absorbing a $92 million noncash tax charge after an unfavorable South Korean ruling.
Corning Incorporated reported strong second-quarter 2026 results, with GAAP sales of $4.51 billion, up 17% year over year, and GAAP diluted EPS of $0.64, up 19%. Non-GAAP core sales were $4.74 billion, up 17%, and core EPS was $0.78, up 30%. Core gross margin expanded 120 basis points to 39.6%, and core operating margin expanded 190 basis points to 20.9%. Management cited this as the ninth consecutive quarter of year-over-year growth, with operating cash flow of $1.72 billion, adjusted free cash flow of $1.42 billion, and core ROIC of 14.9%.
Growth was led by Optical Communications, where sales rose 32% to $2.07 billion and net income 77% to $438 million, and by Solar, where sales increased 90% to $438 million after a major maintenance and upgrade, though the segment posted a small loss. Glass Innovations and Automotive delivered modest growth; Life Sciences and Emerging Growth Businesses declined. Corning highlighted new long-term agreements, including a multiyear, multibillion-dollar Amazon data center supply deal and a NVIDIA partnership to expand U.S. optical connectivity manufacturing capacity by 10x and U.S. fiber production by more than 50%. Under its upgraded Springboard Plan, Corning aims for an annualized sales run rate of $20 billion by end-2026, $30 billion by end-2028, and $40 billion by end-2030, and expects a 19% sales CAGR from Q4 2026 to Q4 2030. For third-quarter 2026, management guides to core sales of $4.9–$5.0 billion (about 16% growth) and core EPS of $0.85–$0.89 (about 28% growth).
Corning Inc. director Kevin J. Martin reported updated equity holdings. On the reported date, he received a grant of 137 restricted stock units as part of his annual equity retainer, each representing one future share of common stock. After these entries, he directly holds 31,506 Corning common shares and multiple deferred RSU awards, including one block tied to 52,853 underlying shares, which will convert to stock at future dates or upon his termination of service as a director.
Corning Inc. director Roger W. Ferguson Jr. reported updated equity holdings. He received a grant of 161 restricted stock units (RSUs) as a grant or award, representing a contingent right to receive the same number of Corning common shares.
After this grant, he directly holds 6,938 shares of common stock and RSUs tied to 27,644 and 923 underlying common shares. The footnotes state that RSU conversion and share distribution are deferred until a specific date elected by the participant or until his service as a Corning director ends.
Corning Incorporated director Robert F. Cummings Jr reported an update to his equity holdings. On June 30, 2026, he received a grant of 161 restricted stock units (RSUs), each representing a contingent right to one share of Corning common stock.
Following the filing, he directly holds 151,199 shares of common stock. He also holds multiple RSU awards, including positions covering 52,853, 1,841, and 1,059 underlying shares. Conversion and distribution of these RSUs into common stock are deferred until a date he elects or his termination of service as a Corning director under the company’s non-employee director plans.
Corning Inc. director Stephanie Burns reported a new equity grant, not an open-market trade. On June 30, 2026, she received 161 restricted stock units (RSUs) as part of her annual equity retainer, each representing a contingent right to one Corning common share. Conversion and distribution of these RSUs are deferred until a date she elected or until her service as a Corning director ends. Following this filing, she holds 56,888 common shares directly and 107 common shares indirectly through a trust, along with multiple outstanding RSU awards.
Corning Inc. Senior Vice President & CHRO Michelle L. Gullo reported a tax-related share disposition in company stock. On the reported date, 18,378 shares of Corning common stock were withheld to cover her tax withholding obligations when restricted stock vested, rather than being sold on the open market.
Following this tax-withholding event, she directly holds 19,258 shares of Corning common stock.
Corning Inc. Chairman, CEO and President Wendell P. Weeks reported an exercise-and-sell stock transaction. On June 9, 2026, he exercised 100,000 Stock Options (Right to Buy) for Common Stock at $27.03 per share and acquired 100,000 shares.
On the same date, he sold 100,000 Corning Common Stock shares in an open-market transaction at a weighted average price of $186.4607 per share, leaving 908,353 shares held directly. The filing also shows 49,849 stock options remaining after the exercise, units equivalent to 11,762.8652 shares in a 401(k) unitized stock fund, and additional indirect holdings reported as held by his spouse, for which he disclaims beneficial ownership.