Zhang John Z 4

What Happened John Z. Zhang, Executive Vice President & Chief Commercial and Digital Officer of Corning Inc. (GLW), was awarded a total of 53,414 performance share units (PSUs) on February 4, 2026. The filing lists three awards of 16,891; 15,591; and 20,932 PSUs, each recorded at $0.00 (derivative awards). These PSUs are contingent rights to receive common stock if performance and service conditions are met and will convert to shares on their respective vesting dates.

Key Details

• Transaction date: February 4, 2026; Form 4 filed February 6, 2026 (within the typical 2-business-day reporting window).
• Awards: 16,891 PSU, 15,591 PSU, and 20,932 PSU — total 53,414 PSUs; reported price $0.00 (award/derivative).
• Vesting/conversion (per footnotes): PSUs convert to common stock on Apr 15, 2026; Apr 15, 2027; and Apr 14, 2028 (subject to service-based vesting and performance decisions).
• Each PSU represents a contingent right to one share of Corning common stock.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• No 10b5-1 plan, tax-withholding, or cashless-sale details were disclosed in the provided footnotes.

Context Performance share units are derivative awards tied to company performance and continued service; they are not immediately tradable shares. These PSUs are earned (the Compensation Committee determined performance criteria were met for FY2025) but remain restricted until the stated vesting dates, at which point they convert to common stock if the service requirement is satisfied. Awards are routine executive compensation and do not, by themselves, indicate a buy or sell decision by the insider.