WENDELL P. WEEKS - 15 Apr 2025 Form 4 Insider Report for CORNING INC /NY (GLW)

Role
Chairman and CEO, Director
Signature
Melissa J. Gambol, Power of Attorney
Issuer symbol
GLW
Transactions as of
15 Apr 2025
Transactions value $
-$5,099,792
Form type
4
Filing time
17 Apr 2025, 16:17:12 UTC
Previous filing
03 Apr 2025
Next filing
08 Aug 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 +150,178 +20% $0 912,998 15 Apr 2025 Direct
transaction GLW Common Stock Options Exercise $0 +100,463 +11% $0 1,013,461 15 Apr 2025 Direct
transaction GLW Common Stock Tax liability -$5,099,792 -122,063 -12% $41.78 891,398 15 Apr 2025 Direct
holding GLW Common Stock 9,200 15 Apr 2025 Held by Spouse F1
holding GLW Common Stock 7,036 15 Apr 2025 Held By Spouse - Emp. Ben. Plan F1, F2
holding GLW Common Stock 11,598 15 Apr 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 Performance Share Unit Options Exercise $0 -150,178 -100% $0 0 15 Apr 2025 Common Stock 150,178 Direct F3, F11
transaction GLW Restricted Stock Unit Options Exercise $0 -100,463 -100% $0 0 15 Apr 2025 Common Stock 100,463 Direct F7, F12
holding GLW Performance Share Unit 11,466 15 Apr 2025 Common Stock 11,466 Direct F3, F4
holding GLW Performance Share Unit 120,655 15 Apr 2025 Common Stock 120,655 Direct F3, F5
holding GLW Performance Share Unit 100,840 15 Apr 2025 Common Stock 100,840 Direct F3, F6
holding GLW Restricted Stock Unit 104,474 15 Apr 2025 Common Stock 104,474 Direct F7, F8
holding GLW Restricted Stock Unit 111,863 15 Apr 2025 Common Stock 111,863 Direct F7, F9
holding GLW Restricted Stock Unit 89,921 15 Apr 2025 Common Stock 89,921 Direct F7, F10
* 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 March 31, 2025.
F3 Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock.
F4 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.
F5 Earned PSUs remain restricted until April 15, 2026, when they vest and convert to common stock, subject to service-based vesting requirement.
F6 Earned PSUs remain restricted until April 15, 2027, when they vest and convert to common stock, subject to service-based vesting requirement.
F7 Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
F8 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.
F9 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.
F10 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.
F11 The performance share units (PSUs) vested 100% on April 15, 2025.
F12 The restricted stock units (RSUs) vested 100% on April 15, 2025.