Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

CORNING INC /NY Director's Dealing 2025

Feb 6, 2025

29942_dirs_2025-02-06_40acbc3e-6f14-4eec-ac64-cc95d748eeb9.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2025-02-04

Reporting Person: Bell Michael Alan (Retired Sr VP & GM, Opt Comm.)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-02-04 Common Stock M 462 Acquired 462 Direct
2025-02-04 Common Stock M 432 Acquired 894 Direct
2025-02-04 Common Stock M 470 Acquired 1364 Direct
2025-02-04 Common Stock F 1364 $52.04 Disposed 0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2025-02-04 Performance Share Unit $ A 14464 Acquired Common Stock (14464) Direct
2025-02-04 Performance Share Unit $ A 13520 Acquired Common Stock (13520) Direct
2025-02-04 Performance Share Unit $ A 14717 Acquired Common Stock (14717) Direct
2025-02-04 Performance Share Unit $ M 462 Disposed Common Stock (462) Direct
2025-02-04 Performance Share Unit $ M 432 Disposed Common Stock (432) Direct
2025-02-04 Performance Share Unit $ M 470 Disposed Common Stock (470) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 732.6593 Indirect

Footnotes

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

F2: Ownership is represented by units held in a unitized stock fund through the issuer's 401(k) retirement plan as of January 31, 2025.

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.