Wendell P. Weeks - 10 Feb 2025 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
Chairman and CEO, Director
Signature
Melissa J. Gambol, Power of Attorney
Issuer symbol
GLW
Transactions as of
10 Feb 2025
Net transactions value
-$120,795
Form type
4
Filing time
12 Feb 2025, 16:22:27 UTC
Previous filing
06 Feb 2025
Next filing
19 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 +5,733 +0.67% $0.000000 865,097 10 Feb 2025 Direct
transaction GLW Common Stock Tax liability $120,795 -2,277 -0.26% $53.05 862,820 10 Feb 2025 Direct
holding GLW Common Stock 9,200 10 Feb 2025 Held by Spouse F1
holding GLW Common Stock 6,994 10 Feb 2025 Held By Spouse - Emp. Ben. Plan F1, F2
holding GLW Common Stock 11,530 10 Feb 2025 Trustee U/employee Benefit Plan F2

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 Performance Share Unit Options Exercise $0 -5,733 -33% $0.000000 11,466 10 Feb 2025 Common Stock 5,733 Direct F3, F7
holding GLW Performance Share Unit 150,178 10 Feb 2025 Common Stock 150,178 Direct F3, F4
holding GLW Performance Share Unit 120,655 10 Feb 2025 Common Stock 120,655 Direct F3, F5
holding GLW Performance Share Unit 100,840 10 Feb 2025 Common Stock 100,840 Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person disclaims beneficial ownership of all securities held by spouse.
F2 Ownership is represented by units held in a unitized stock fund through the issuer's 401(k) retirement plan as of January 31, 2025.
F3 Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock.
F4 Earned PSUs remain restricted until April 15, 2025, when they vest and convert to common stock, subject to service-based vesting requirement.
F5 Earned PSUs remain restricted until April 15, 2026, when they vest and convert to common stock, subject to service-based vesting requirement.
F6 Earned PSUs remain restricted until April 15, 2027, when they vest and convert to common stock, subject to service-based vesting requirement.
F7 The performance share units (PSUs) earned February 7, 2024 will vest 1/3 after 1 year from the February 8, 2023 grant date and 1/6 every 6 months thereafter until fully vested on the third anniversary of the grant date.