Michael Alan Bell - Aug 12, 2024 Form 4 Insider Report for CORNING INC /NY (GLW)

Signature
Melissa J. Gambol, Power of Attorney
Stock symbol
GLW
Transactions as of
Aug 12, 2024
Transactions value $
-$84,878
Form type
4
Date filed
8/13/2024, 04:06 PM
Previous filing
Aug 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLW Common Stock Sale -$84.9K -2.18K -100% $39.02 0 Aug 12, 2024 Direct F1, F2
holding GLW Common Stock 724 Aug 12, 2024 Trustee u/Employee Benefit Plan F3
* 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.635 to $39.265, inclusive. The reporting person undertakes to provide to Corning Incorporated, any security holder of Corning Incorporated, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth previously in this footnote.
F3 Ownership is represented by units held in a unitized stock fund through the issuer's 401(k) retirement plan as of July 31, 2024.