Seetharam Soumya 4

What Happened
Seetharam Soumya, Senior Vice President & Chief Digital and Information Officer at Corning Inc. (GLW), converted/exercised 2,261 restricted stock units (RSUs) on February 9, 2026. Of those shares, 605 were withheld to satisfy tax withholding obligations at an indicated price of $131.39 per share, equal to about $79,491. The RSU conversion shows no exercise price ($0.00), consistent with RSUs converting one-for-one to common shares.

Key Details

• Transaction date: 2026-02-09; conversion/exercise of 2,261 RSUs (code M) and tax withholding of 605 shares (code F) at $131.39/share ($79,491 total withheld).
• Report filed: 2026-02-11 (timely filing; within Section 16 reporting window).
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnotes: F1 confirms each RSU equals one share. Other footnotes indicate RSU vesting schedules (examples: 100% vesting on 4/15/2026, 4/15/2027, 4/14/2028, and a multi-step schedule for a Feb 8, 2023 grant).
• Transaction types: M = exercise/conversion of derivative (RSU conversion), F = shares withheld to cover tax liability (not an open-market sale).

Context
This was a routine conversion/settlement of RSUs with shares withheld to satisfy tax obligations (a common, administrative step). It is not an open-market sale or purchase that necessarily signals a change in the insider’s view of the company. For retail investors, awarded or vested RSUs and subsequent tax-withholding transactions generally reflect compensation mechanics rather than active buying or selling for investment reasons.