Becker Stefan 4

What Happened

• Stefan Becker, SVP Finance & Corporate Controller at Corning (GLW), converted/settled 2,110 restricted stock units (RSUs) on Feb 9, 2026. As part of the net settlement/tax withholding, 815 of those shares were surrendered to cover tax liability at $131.39/share (value reported $107,083). The conversion resulted in roughly 1,295 net shares retained (2,110 − 815), with the RSU conversion itself reported at $0.00 per share (typical for vested RSUs).

Key Details

• Transaction date: 2026-02-09; Form 4 filed 2026-02-11 (timely filing).
• Converted/issued: 2,110 RSU-based shares (reported as derivative conversion, code M).
• Tax withholding: 815 shares withheld/disposed at $131.39/share for $107,083 (code F).
• Net shares retained: approximately 1,295 shares (noted value ≈ $170k at $131.39/share).
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 confirms each RSU converts to one share. Other footnotes (F2–F5) describe vesting schedules for different RSU grants (including one that vests April 15, 2026 and others with later vesting dates).

Context

• This was a standard RSU vesting/settlement with net share withholding to satisfy tax obligations (common practice), not an open-market sale or purchase signal. The filing reflects conversion/settlement of equity awards rather than a market-directed buy or sell.