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CORNING INC /NY — Director's Dealing 2025
Apr 17, 2025
29942_dirs_2025-04-17_350be052-7831-4933-9d0e-93d1f391ac0e.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: 2025-04-15
Reporting Person: Amin Jaymin (SVP and Chief Tech. Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-04-15 | Common Stock | M | 20763 | — | Acquired | 110403 | Direct |
| 2025-04-15 | Common Stock | M | 6367 | — | Acquired | 116770 | Direct |
| 2025-04-15 | Common Stock | M | 7552 | — | Acquired | 124322 | Direct |
| 2025-04-15 | Common Stock | F | 16892 | $41.78 | Disposed | 107430 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-04-15 | Performance Share Unit | $ | M | 20763 | Disposed | Common Stock (20763) | Direct | |
| 2025-04-15 | Restricted Stock Unit | $ | M | 6367 | Disposed | Common Stock (6367) | Direct | |
| 2025-04-15 | Restricted Stock Unit | $ | M | 7552 | Disposed | Common Stock (7552) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2565.8905 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Performance Share Unit | $ | Common Stock (18121) | 18121 | Direct | |
| Performance Share Unit | $ | Common Stock (15145) | 15145 | Direct | |
| Restricted Stock Unit | $ | Common Stock (5282) | 5282 | Direct | |
| Restricted Stock Unit | $ | Common Stock (15355) | 15355 | Direct | |
| Restricted Stock Unit | $ | Common Stock (16570) | 16570 | Direct | |
| Restricted Stock Unit | $ | Common Stock (15316) | 15316 | Direct |
Footnotes
F1: Ownership is represented by units held in a unitized stock fund through the issuer's 401(k) retirement plan as of March 31, 2025.
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: Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
F6: The restricted stock units (RSUs) granted on February 8, 2023 vest 1/3 after 1 year from the grant date and 1/6 every 6 months thereafter until fully vested on the third anniversary of the grant date.
F7: 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.
F8: 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.
F9: 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.
F10: The performance share units (PSUs) vested 100% on April 15, 2025.
F11: The restricted stock units (RSUs) vested 100% on April 15, 2025.