Eric S. Musser - 15 Apr 2025 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
President and COO
Signature
Melissa J. Gambol, Power of Attorney
Issuer symbol
GLW
Transactions as of
15 Apr 2025
Net transactions value
-$1,910,767
Form type
4
Filing time
17 Apr 2025, 16:06:29 UTC
Previous filing
03 Apr 2025
Next filing
10 Jun 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 +56,390 +36% $0.000000 211,346 15 Apr 2025 Direct
transaction GLW Common Stock Options Exercise $0 +37,518 +18% $0.000000 248,864 15 Apr 2025 Direct
transaction GLW Common Stock Tax liability $1,910,767 -45,734 -18% $41.78 203,130 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 -56,390 -100% $0.000000 0 15 Apr 2025 Common Stock 56,390 Direct F1, F9
transaction GLW Restricted Stock Unit Options Exercise $0 -37,518 -100% $0.000000 0 15 Apr 2025 Common Stock 37,518 Direct F5, F10
holding GLW Performance Share Unit 6,294 15 Apr 2025 Common Stock 6,294 Direct F1, F2
holding GLW Performance Share Unit 45,305 15 Apr 2025 Common Stock 45,305 Direct F1, F3
holding GLW Performance Share Unit 37,864 15 Apr 2025 Common Stock 37,864 Direct F1, F4
holding GLW Restricted Stock Unit 38,983 15 Apr 2025 Common Stock 38,983 Direct F5, F6
holding GLW Restricted Stock Unit 41,835 15 Apr 2025 Common Stock 41,835 Direct F5, F7
holding GLW Restricted Stock Unit 32,938 15 Apr 2025 Common Stock 32,938 Direct F5, 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 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.
F3 Earned PSUs remain restricted until April 15, 2026, when they vest and convert to common stock, subject to service-based vesting requirement.
F4 Earned PSUs remain restricted until April 15, 2027, when they vest and convert to common stock, subject to service-based vesting requirement.
F5 Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
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.