Jaymin Amin - 02 Jan 2025 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
SVP and Chief Tech. Officer
Signature
Melissa J. Gambol, Power of Attorney
Issuer symbol
GLW
Transactions as of
02 Jan 2025
Net transactions value
-$40,965
Form type
4
Filing time
06 Jan 2025, 16:11:41 UTC
Previous filing
18 Dec 2024
Next filing
06 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLW Common Stock Options Exercise $0 +877 +1% $0.000000 88,793 02 Jan 2025 Direct
transaction GLW Common Stock Tax liability $40,965 -877 -0.99% $46.71 87,916 02 Jan 2025 Direct
holding GLW Common Stock 2,551 02 Jan 2025 Trustee u/Employee Benefit Plan F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GLW Restricted Stock Unit Options Exercise $0 -877 -5% $0.000000 16,570 02 Jan 2025 Common Stock 877 Direct F2, F6
holding GLW Restricted Stock Unit 7,922 02 Jan 2025 Common Stock 7,922 Direct F2, F3
holding GLW Restricted Stock Unit 6,367 02 Jan 2025 Common Stock 6,367 Direct F2, F4
holding GLW Restricted Stock Unit 7,552 02 Jan 2025 Common Stock 7,552 Direct F2, F4
holding GLW Restricted Stock Unit 15,355 02 Jan 2025 Common Stock 15,355 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Ownership is represented by units held in a unitized stock fund through the issuer's 401(k) retirement plan as of December 31, 2024.
F2 Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
F3 The restricted stock units (RSUs) granted on February 8, 2023 vest 1/3 after 1 year from the grant date and 1/6 every 6 months thereafter until fully vested on the third anniversary of the grant date.
F4 The restricted stock units (RSUs) vest 100% on April 15, 2025. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.
F5 The restricted stock units (RSUs) vest 100% on April 15, 2026. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.
F6 The restricted stock units (RSUs) vest 100% on April 15, 2027. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.