Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

CORNING INC /NY Director's Dealing 2023

Jun 20, 2023

29942_dirs_2023-06-20_7174f275-b6ee-48d2-ae6e-a6b2c63b0d09.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2023-06-16

Reporting Person: Bell Michael Alan (Senior VP & GM, Optical Comm.)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-06-16 Common Stock M 1799 $19.65 Acquired 35045 Direct
2023-06-16 Common Stock S 35045 $35.0001 Disposed 0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-06-16 Stock Options (Right to Buy) $19.65 M 1799 Disposed 2030-05-15 Common Stock (1799) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 694.7173 Indirect

Footnotes

F1: This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 13, 2023.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.00 to $35.03, inclusive. The reporting person undertakes to provide to Corning Incorporated, any security holder of Corning Incorporated, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth previously in this footnote.

F3: Ownership is represented by units held in a unitized stock fund through the issuer's 401(k) retirement plan as of May 31, 2023.

F4: On December 2, 2020, the Compensation Committee approved the early vesting of one half of the stock options granted on May 15, 2020. The remaining stock options vested ratably over three years from the grand date.