Kammerud Jordana Daryl 4/A

What Happened

• Jordana D. Kammerud, Senior Vice President of Corning Inc. (GLW), converted a total of 1,990 derivative awards (RSUs/PSUs) into common stock on January 15, 2026 (transaction code M). The reported exercise/conversion entries show acquisitions of 1,990 shares at $0.00 (reflecting conversion of units into shares). Simultaneously, 1,990 shares were disposed/withheld to satisfy tax withholding obligations (transaction code F) at $93.49 per share, totaling $186,045.

Key Details

• Transaction date: January 15, 2026 (reported in an amended Form 4 filed January 22, 2026).
• Action types: M = exercise/conversion of derivative awards (conversion of RSUs/PSUs into shares); F = shares withheld to cover tax obligations.
• Shares converted: 1,990; Shares withheld/disposed for taxes: 1,990; Tax withholding value: $186,045 (1,990 × $93.49).
• Shares owned after the transaction: not specified in the provided excerpt.
• Footnotes: Awards include RSUs and PSUs with various vesting dates (some earned PSUs remain restricted until April 15, 2026 or April 15, 2027 per footnotes). The filing notes forfeitures of certain RSUs on January 15, 2026 (see F5, F7).
• Filing status: This is an amended Form 4 submitted January 22 to disclose shares withheld for taxes that were omitted from the original Form 4 filed January 20.

Context

• This appears to be a routine conversion of restricted/performance units into shares, followed by a standard tax-withholding share-for-payment (cashless/net settlement) rather than an open-market sale. Such withholdings are common and do not necessarily signal a change in insider sentiment.