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CORNING INC /NY Director's Dealing 2025

Feb 6, 2025

29942_dirs_2025-02-06_580645e7-a7c9-49ec-b919-e4005cc38143.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: 2025-02-04

Reporting Person: WEEKS WENDELL P (Director, Chairman and CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-02-04 Common Stock M 3706 Acquired 863070 Direct
2025-02-04 Common Stock M 3464 Acquired 866534 Direct
2025-02-04 Common Stock M 3771 Acquired 870305 Direct
2025-02-04 Common Stock F 10941 $52.04 Disposed 859364 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2025-02-04 Performance Share Unit $ A 104546 Acquired Common Stock (104546) Direct
2025-02-04 Performance Share Unit $ A 97726 Acquired Common Stock (97726) Direct
2025-02-04 Performance Share Unit $ A 106382 Acquired Common Stock (106382) Direct
2025-02-04 Performance Share Unit $ M 3706 Disposed Common Stock (3706) Direct
2025-02-04 Performance Share Unit $ M 3464 Disposed Common Stock (3464) Direct
2025-02-04 Performance Share Unit $ M 3771 Disposed Common Stock (3771) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 9200 Indirect
Common Stock 6994.485 Indirect
Common Stock 11529.5749 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Performance Share Unit $ Common Stock (17199) 17199 Direct

Footnotes

F1: Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock.

F2: The reporting person disclaims beneficial ownership of all securities held by spouse.

F3: Ownership is represented by units held in a unitized stock fund through the issuer's 401(k) retirement plan as of January 31, 2025.

F4: Performance share units (PSUs) were earned February 7, 2024 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2023 pursuant to the 2023 agreement. Earned PSUs remain restricted until vesting. The earned units 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.

F5: Performance share units (PSUs) were earned February 4, 2025 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2024 pursuant to the 2024 agreement. Earned PSUs remain restricted until April 15, 2027, when they vest and convert to common stock, subject to service-based vesting requirement.

F6: Performance share units (PSUs) were earned February 4, 2025 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2024 pursuant to the 2023 agreement. Earned PSUs remain restricted until April 15, 2026, when they vest and convert to common stock, subject to service-based vesting requirement.

F7: Performance share units (PSUs) were earned February 4, 2025 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2024 pursuant to the 2022 agreement. Earned PSUs remain restricted until April 15, 2025, when they vest and convert to common stock, subject to service-based vesting requirement.

F8: Vesting to satisfy tax requirement pursuant to the 2024 agreement.

F9: Vesting to satisfy tax requirement pursuant to the 2023 agreement.

F10: Vesting to satisfy tax requirement pursuant to the 2022 agreement.