Lewis A. Steverson - 15 Apr 2025 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
EVP and CLAO
Signature
Melissa J. Gambol, Power of Attorney
Issuer symbol
GLW
Transactions as of
15 Apr 2025
Net transactions value
-$1,527,435
Form type
4
Filing time
17 Apr 2025, 16:14:21 UTC
Previous filing
03 Apr 2025
Next filing
31 Jul 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 +45,112 +252% $0.000000 63,009 15 Apr 2025 Direct
transaction GLW Common Stock Options Exercise $0 +29,955 +48% $0.000000 92,964 15 Apr 2025 Direct
transaction GLW Common Stock Tax liability $1,527,435 -36,559 -39% $41.78 56,405 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 -45,112 -100% $0.000000 0 15 Apr 2025 Common Stock 45,112 Direct F1, F9
transaction GLW Restricted Stock Unit Options Exercise $0 -29,955 -100% $0.000000 0 15 Apr 2025 Common Stock 29,955 Direct F5, F10
holding GLW Performance Share Unit 3,916 15 Apr 2025 Common Stock 3,916 Direct F1, F2
holding GLW Performance Share Unit 36,243 15 Apr 2025 Common Stock 36,243 Direct F1, F3
holding GLW Performance Share Unit 30,292 15 Apr 2025 Common Stock 30,292 Direct F1, F4
holding GLW Restricted Stock Unit 31,109 15 Apr 2025 Common Stock 31,109 Direct F5, F6
holding GLW Restricted Stock Unit 33,414 15 Apr 2025 Common Stock 33,414 Direct F5, F7
holding GLW Restricted Stock Unit 27,174 15 Apr 2025 Common Stock 27,174 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.