Wendell P. Weeks - Apr 15, 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
Apr 15, 2025
Transactions value $
-$5,099,792
Form type
4
Date filed
4/17/2025, 04:17 PM
Previous filing
Apr 3, 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 +150K +19.69% $0.00 913K Apr 15, 2025 Direct
transaction GLW Common Stock Options Exercise $0 +100K +11% $0.00 1.01M Apr 15, 2025 Direct
transaction GLW Common Stock Tax liability -$5.1M -122K -12.04% $41.78 891K Apr 15, 2025 Direct
holding GLW Common Stock 9.2K Apr 15, 2025 Held by Spouse F1
holding GLW Common Stock 7.04K Apr 15, 2025 Held By Spouse - Emp. Ben. Plan F1, F2
holding GLW Common Stock 11.6K Apr 15, 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 -150K -100% $0.00 0 Apr 15, 2025 Common Stock 150K Direct F3, F11
transaction GLW Restricted Stock Unit Options Exercise $0 -100K -100% $0.00 0 Apr 15, 2025 Common Stock 100K Direct F7, F12
holding GLW Performance Share Unit 11.5K Apr 15, 2025 Common Stock 11.5K Direct F3, F4
holding GLW Performance Share Unit 121K Apr 15, 2025 Common Stock 121K Direct F3, F5
holding GLW Performance Share Unit 101K Apr 15, 2025 Common Stock 101K Direct F3, F6
holding GLW Restricted Stock Unit 104K Apr 15, 2025 Common Stock 104K Direct F7, F8
holding GLW Restricted Stock Unit 112K Apr 15, 2025 Common Stock 112K Direct F7, F9
holding GLW Restricted Stock Unit 89.9K Apr 15, 2025 Common Stock 89.9K 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.