Stefan Becker - 15 Apr 2025 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
SVP, Finance & Controller
Signature
Melissa J. Gambol, Power of Attorney
Issuer symbol
GLW
Transactions as of
15 Apr 2025
Net transactions value
-$701,653
Form type
4
Filing time
17 Apr 2025, 16:04:45 UTC
Previous filing
03 Apr 2025
Next filing
29 May 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 +19,694 +115% $0.000000 36,816 15 Apr 2025 Direct
transaction GLW Common Stock Options Exercise $0 +13,201 +36% $0.000000 50,017 15 Apr 2025 Direct
transaction GLW Common Stock Tax liability $701,653 -16,794 -34% $41.78 33,223 15 Apr 2025 Direct

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 -19,694 -100% $0.000000 0 15 Apr 2025 Common Stock 19,694 Direct F1, F9
transaction GLW Restricted Stock Unit Options Exercise $0 -13,201 -100% $0.000000 0 15 Apr 2025 Common Stock 13,201 Direct F4, F10
holding GLW Performance Share Unit 15,821 15 Apr 2025 Common Stock 15,821 Direct F1, F2
holding GLW Performance Share Unit 13,224 15 Apr 2025 Common Stock 13,224 Direct F1, F3
holding GLW Restricted Stock Unit 4,220 15 Apr 2025 Common Stock 4,220 Direct F4, F5
holding GLW Restricted Stock Unit 13,734 15 Apr 2025 Common Stock 13,734 Direct F4, F6
holding GLW Restricted Stock Unit 14,692 15 Apr 2025 Common Stock 14,692 Direct F4, F7
holding GLW Restricted Stock Unit 13,505 15 Apr 2025 Common Stock 13,505 Direct F4, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock.
F2 Earned PSUs remain restricted until April 15, 2026, when they vest and convert to common stock, subject to service-based vesting requirement.
F3 Earned PSUs remain restricted until April 15, 2027, when they vest and convert to common stock, subject to service-based vesting requirement.
F4 Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
F5 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.
F6 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.
F7 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.
F8 The restricted stock units (RSUs) vest 100% on April 14, 2028. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.
F9 The performance share units (PSUs) vested 100% on April 15, 2025.
F10 The restricted stock units (RSUs) vested 100% on April 15, 2025.