Michael Alan Bell - May 14, 2024 Form 4 Insider Report for CORNING INC /NY (GLW)

Signature
Linda E. Jolly, Power of Attorney
Stock symbol
GLW
Transactions as of
May 14, 2024
Transactions value $
-$705,320
Form type
4
Date filed
5/16/2024, 04:05 PM
Previous filing
Apr 17, 2024
Next filing
Aug 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLW Common Stock Sale -$705K -20.2K -100% $35.00 0 May 14, 2024 Direct F1
holding GLW Common Stock 719 May 14, 2024 Trustee u/Employee Benefit Plan F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 13, 2023.
F2 Ownership is represented by units held in a unitized stock fund through the issuer's 401(k) retirement plan as of April 30, 2024.