John Z. Zhang - 15 Apr 2025 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
SVP&GM Glass Innov. & Asia
Signature
Melissa J. Gambol, Power of Attorney
Issuer symbol
GLW
Transactions as of
15 Apr 2025
Net transactions value
-$767,415
Form type
4
Filing time
17 Apr 2025, 16:18:05 UTC
Previous filing
03 Apr 2025
Next filing
13 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 +21,539 $0.000000 21,539 15 Apr 2025 Direct
transaction GLW Common Stock Options Exercise $0 +14,439 +67% $0.000000 35,978 15 Apr 2025 Direct
transaction GLW Common Stock Tax liability $767,415 -18,368 -51% $41.78 17,610 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 -21,539 -100% $0.000000 0 15 Apr 2025 Common Stock 21,539 Direct F1, F9
transaction GLW Restricted Stock Unit Options Exercise $0 -14,439 -100% $0.000000 0 15 Apr 2025 Common Stock 14,439 Direct F4, F10
holding GLW Performance Share Unit 21,755 15 Apr 2025 Common Stock 21,755 Direct F1, F2
holding GLW Performance Share Unit 20,248 15 Apr 2025 Common Stock 20,248 Direct F1, F3
holding GLW Restricted Stock Unit 4,952 15 Apr 2025 Common Stock 4,952 Direct F4, F5
holding GLW Restricted Stock Unit 18,884 15 Apr 2025 Common Stock 18,884 Direct F4, F6
holding GLW Restricted Stock Unit 22,498 15 Apr 2025 Common Stock 22,498 Direct F4, F7
holding GLW Restricted Stock Unit 24,374 15 Apr 2025 Common Stock 24,374 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.