AI assistant
CORNING INC /NY — Director's Dealing 2025
Feb 12, 2025
29942_dirs_2025-02-12_6606953d-58f1-4180-8a4d-dcb0c1ec2c0d.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2025-02-10
Reporting Person: STEVERSON LEWIS A (EVP and CLAO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-10 | Common Stock | M | 1957 | — | Acquired | 18603 | Direct |
| 2025-02-10 | Common Stock | F | 706 | $53.05 | Disposed | 17897 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-02-10 | Performance Share Unit | $ | M | 1957 | Disposed | Common Stock (1957) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Performance Share Unit | $ | Common Stock (45112) | 45112 | Direct | |
| Performance Share Unit | $ | Common Stock (36243) | 36243 | Direct | |
| Performance Share Unit | $ | Common Stock (30292) | 30292 | Direct |
Footnotes
F1: Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock.
F2: Earned PSUs remain restricted until April 15, 2025, when they vest and convert to common stock, subject to service-based vesting requirement.
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.