Amin Jaymin 4

What Happened
Amin Jaymin, Senior Vice President and Chief Technology Officer of Corning (GLW), was granted performance share units (PSUs) earned for fiscal 2025 and recorded on Feb 4, 2026. He received a total of 40,784 PSUs (10,614 + 12,091 + 18,079). As part of the settlement, 1,447 shares that resulted from conversion of earned PSUs were withheld/surrendered to cover tax obligations at $109.69 per share, totaling $158,721.

Key Details

• Transaction date: February 4, 2026; Form filed February 6, 2026 (timely within typical 2-business-day window).
• Awards: 40,784 PSUs granted/earned (derivative awards recorded at $0.00).
• Withholding: 1,447 shares withheld/disposed to satisfy tax liability at $109.69 each = $158,721.
• Shares owned after transaction: Not specified on the Form 4; note the filer’s other ownership is held in a unitized 401(k) fund per footnote.
• Relevant footnotes: PSUs were earned per the Compensation Committee for FY2025 and remain restricted until vesting dates (April 15, 2026; April 15, 2027; April 14, 2028) and portions were converted/withheld specifically to satisfy tax requirements.
• Transaction codes: A = award/grant (PSUs), M = exercise/conversion of derivative, F = payment of exercise price/tax withholding.

Context
These were earned performance awards (PSUs) that remain subject to future service-based vesting and conversion to common stock on the noted vesting dates. The disposal (1,447 shares) was a share-withholding to cover taxes — a routine administrative step, not an open-market sale that would signal a discretionary divestiture.