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CORNING INC /NY Director's Dealing 2025

Feb 6, 2025

29942_dirs_2025-02-06_4c9983c6-efcc-4c48-8032-4a274db2b747.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: Musser Eric S (President and COO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-02-04 Common Stock M 1392 Acquired 154336 Direct
2025-02-04 Common Stock M 1301 Acquired 155637 Direct
2025-02-04 Common Stock M 1416 Acquired 157053 Direct
2025-02-04 Common Stock F 4109 $52.04 Disposed 152944 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2025-02-04 Performance Share Unit $ A 39256 Acquired Common Stock (39256) Direct
2025-02-04 Performance Share Unit $ A 36696 Acquired Common Stock (36696) Direct
2025-02-04 Performance Share Unit $ A 39946 Acquired Common Stock (39946) Direct
2025-02-04 Performance Share Unit $ M 1392 Disposed Common Stock (1392) Direct
2025-02-04 Performance Share Unit $ M 1301 Disposed Common Stock (1301) Direct
2025-02-04 Performance Share Unit $ M 1416 Disposed Common Stock (1416) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Performance Share Unit $ Common Stock (9441) 9441 Direct

Footnotes

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

F2: 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.

F3: 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.

F4: 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.

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 2022 agreement. Earned PSUs remain restricted until April 15, 2025, when they vest and convert to common stock, subject to service-based vesting requirement.

F6: Vesting to satisfy tax requirement pursuant to the 2024 agreement.

F7: Vesting to satisfy tax requirement pursuant to the 2023 agreement.

F8: Vesting to satisfy tax requirement pursuant to the 2022 agreement.