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CORNING INC /NY — Director's Dealing 2025
Aug 12, 2025
29942_dirs_2025-08-12_5fc779c6-3729-41d4-93a5-b13842f84e4c.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2025-08-08
Reporting Person: Musser Eric S (President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-08-08 | Common Stock | M | 3147 | — | Acquired | 166277 | Direct |
| 2025-08-08 | Common Stock | F | 1607 | $65.77 | Disposed | 164670 | Direct |
| 2025-08-11 | Common Stock | M | 18850 | $19.65 | Acquired | 183520 | Direct |
| 2025-08-11 | Common Stock | S | 18850 | $65.3148 | Disposed | 164670 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-08-08 | Performance Share Unit | $ | M | 3147 | Disposed | Common Stock (3147) | Direct | |
| 2025-08-11 | Stock Options (Right to Buy) | $19.65 | M | 18850 | Disposed | 2030-05-15 | Common Stock (18850) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Performance Share Unit | $ | Common Stock (45305) | 45305 | Direct | |
| Performance Share Unit | $ | Common Stock (37864) | 37864 | Direct |
Footnotes
F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.31 to $65.35, 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.
F2: Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock.
F3: Earned PSUs remain restricted until April 15, 2026, when they vest and convert to common stock, subject to service-based vesting requirement.
F4: Earned PSUs remain restricted until April 15, 2027, when they vest and convert to common stock, subject to service-based vesting requirement.
F5: 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.
F6: 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.