Wendell P. Weeks - Jan 2, 2025 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
Chairman and CEO, Director
Signature
Melissa J. Gambol, Power of Attorney
Stock symbol
GLW
Transactions as of
Jan 2, 2025
Transactions value $
-$200,806
Form type
4
Date filed
1/6/2025, 04:18 PM
Previous filing
Nov 20, 2024
Next filing
Feb 6, 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 +4.3K +0.5% $0.00 864K Jan 2, 2025 Direct
transaction GLW Common Stock Tax liability -$201K -4.3K -0.5% $46.71 859K Jan 2, 2025 Direct
holding GLW Common Stock 9.2K Jan 2, 2025 Held by Spouse F1
holding GLW Common Stock 6.99K Jan 2, 2025 Held By Spouse - Emp. Ben. Plan F1, F2
holding GLW Common Stock 11.5K Jan 2, 2025 Trustee U/employee Benefit Plan F2

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 Restricted Stock Unit Options Exercise $0 -4.3K -3.7% $0.00 112K Jan 2, 2025 Common Stock 4.3K Direct F3, F6
holding GLW Restricted Stock Unit 100K Jan 2, 2025 Common Stock 100K Direct F3, F4
holding GLW Restricted Stock Unit 104K Jan 2, 2025 Common Stock 104K Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person disclaims beneficial ownership of all securities held by spouse.
F2 Ownership is represented by units held in a unitized stock fund through the issuer's 401(k) retirement plan as of December 31, 2024.
F3 Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
F4 The restricted stock units (RSUs) vest 100% on April 15, 2025. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.
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.