Musser Eric S 4
Research Summary
AI-generated summary
Corning (GLW) Retired President Eric Musser Sells 15,000 Shares
What Happened
Eric S. Musser, a retired president of Corning Inc. (GLW), disposed of 15,000 shares on February 9, 2026. The filing reports a weighted average sale price of $130.25 per share (total proceeds $1,953,711). The sale was reported as an open-market or private sale (transaction code S), not a purchase.
Key Details
- Transaction date: 2026-02-09
- Shares sold: 15,000; Weighted average price: $130.25; Total proceeds: $1,953,711
- Price range: shares were sold in multiple transactions at prices from $130.00 to $130.75 (footnote states filer can provide per-price breakdown on request)
- Shares owned after transaction: not disclosed in this Form 4
- Filing timeliness: Report filed on 2026-02-09 (same day as the reported transaction)
- Footnote of note: F1 explains the reported price is a weighted average and offers to provide the number of shares sold at each separate price within the $130.00–$130.75 range upon request
Context
This is a sale by a retired company officer rather than a purchase; purchases are often viewed as a stronger positive signal than sales. The filing contains no indication of option exercises, gifts, or tax-withholding related to this transaction.