Verkleeren Ronald L 4

What Happened Ronald L. Verkleeren, SVP of the Emerging Innovations Group at Corning (GLW), was credited with 36,232 performance share units (PSUs) on Feb 4, 2026 after the Compensation Committee determined 2025 performance criteria were met. Those PSUs are derivative awards (contingent rights to common stock) and remain restricted. To satisfy tax withholding obligations, 1,286 share equivalents were surrendered/withheld at a notional price of $109.69 per share, totaling $141,061.

Key Details

• Transaction date: February 4, 2026; Form 4 filed February 6, 2026 (timely).
• Awards: 8,445 + 11,137 + 16,650 PSUs = 36,232 PSUs (derivative awards).
• Tax withholding: 1,286 shares withheld/ surrendered at $109.69/share = $141,061 (reported as F-type disposition).
• Price reported for awards/conversions: $0.00 (derivative awards/PSU conversion entries).
• Vesting/settlement: PSUs were earned Feb 4, 2026 and remain restricted with service-based vesting: vest dates April 15, 2026; April 15, 2027; and April 14, 2028 (per agreements for 2023–2025).
• Shares owned after the transactions: not disclosed in the provided filing.
• Transaction codes: A = Award/Grant (PSUs); M = Exercise/Conversion of derivative; F = Payment of exercise price / tax withholding.

Context PSUs are contingent awards (not an open-market purchase) that convert to common stock only if service/vesting conditions are satisfied; here the awards were earned based on performance but remain restricted until the listed future vesting dates. The 1,286-share disposition reflects routine withholding to cover tax liabilities on the earned PSUs, not a market sale. This filing reports compensation-related derivative activity rather than a direct buy or sell of stock.