Michael Alan Bell - 15 Apr 2025 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
Retired Sr VP & GM, Opt Comm.
Signature
Melissa J. Gambol, Power of Attorney
Issuer symbol
GLW
Transactions as of
15 Apr 2025
Net transactions value
-$596,911
Form type
4
Filing time
17 Apr 2025, 16:05:40 UTC
Previous filing
10 Feb 2025
Next filing
30 Apr 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 +20,849 $0.000000 20,849 15 Apr 2025 Direct
transaction GLW Common Stock Options Exercise $0 +13,700 +66% $0.000000 34,549 15 Apr 2025 Direct
transaction GLW Common Stock Tax liability $596,911 -14,287 -41% $41.78 20,262 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 -20,849 -100% $0.000000 0 15 Apr 2025 Common Stock 20,849 Direct F1, F7
transaction GLW Restricted Stock Unit Options Exercise $0 -13,700 -100% $0.000000 0 15 Apr 2025 Common Stock 13,700 Direct F4, F8
holding GLW Performance Share Unit 16,752 15 Apr 2025 Common Stock 16,752 Direct F1, F2
holding GLW Performance Share Unit 14,002 15 Apr 2025 Common Stock 14,002 Direct F1, F3
holding GLW Restricted Stock Unit 14,203 15 Apr 2025 Common Stock 14,203 Direct F4, F5
holding GLW Restricted Stock Unit 15,327 15 Apr 2025 Common Stock 15,327 Direct F4, F6
* 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) 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.
F7 The performance share units (PSUs) vested 100% on April 15, 2025.
F8 The restricted stock units (RSUs) vested 100% on April 15, 2025.