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CORNING INC /NY — Director's Dealing 2025
Feb 12, 2025
29942_dirs_2025-02-12_f485558c-3938-42d9-8221-33ad14190564.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: 2025-02-10
Reporting Person: Schlesinger Edward A (Exec. Vice President and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-10 | Common Stock | M | 1415 | — | Acquired | 81322 | Direct |
| 2025-02-10 | Common Stock | F | 511 | $53.05 | Disposed | 80811 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-02-10 | Performance Share Unit | $ | M | 1415 | Disposed | Common Stock (1415) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Performance Share Unit | $ | Common Stock (23742) | 23742 | Direct | |
| Performance Share Unit | $ | Common Stock (22412) | 22412 | Direct | |
| Performance Share Unit | $ | Common Stock (19929) | 19929 | 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.