Martin Kevin J 4
4 · CORNING INC /NY · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
Corning (GLW) Director Kevin J. Martin Receives RSU Award
What Happened Kevin J. Martin, a director of Corning Incorporated (GLW), received a grant of 1,806 restricted stock units (RSUs) on February 11, 2026. The filing reports these as a derivative award with an acquisition price of $0.00 (typical for equity grants). This was an equity award (not a purchase or sale) — common compensation for non‑employee directors.
Key Details
- Transaction date: 2026-02-11; filing date (Form 4): 2026-02-12 (timely).
- Award: 1,806 RSUs; reported price $0.00 (grant/award, no cash paid).
- Shares owned after transaction: not specified in the filing.
- Plan/notes: RSUs granted under the Non‑Employee Directors' Deferred Compensation Plan as an annual equity retainer; conversion/distribution is deferred per participant election or upon termination of director service (see footnotes F1–F5).
- Filing timeliness: filed promptly the next day; no late filing indicated.
Context RSUs are a contingent right to receive common stock in the future rather than an immediate purchase or sale. Under Corning’s director deferred compensation rules, the conversion of these RSUs into shares and distribution is deferred until a date elected by the participant or upon termination of service. Awards to directors are routine compensation and do not by themselves indicate the director is buying or selling shares for investment reasons.
Insider Transaction Report
- Award
Restricted Stock Unit
[F5][F2]2026-02-11+1,806→ 52,853 total→ Common Stock (1,806 underlying)
- 31,506
Common Stock
- 888
Restricted Stock Unit
[F1][F2]→ Common Stock (888 underlying) - 1,544
Restricted Stock Unit
[F1][F2]→ Common Stock (1,544 underlying) - 19,840
Restricted Stock Unit
[F3][F4]→ Common Stock (19,840 underlying)
Footnotes (5)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
- [F2]Conversion of restricted stock units to the Company's common stock and distribution of such stock is deferred until a specific date as elected by the participant or termination of service as a Corning director.
- [F3]Represents restricted stock units (RSUs) granted under the Non-Employee Directors' Deferred Compensation Plan. Each RSU represents a contingent right to receive one share of Corning Incorporated common stock.
- [F4]Conversion of restricted stock units to the Company's common stock and distribution of such stock under the Non-Employee Directors' Deferred Compensation Plan is deferred until a specific date as elected by the participant or termination of service as a Corning director.
- [F5]Represents annual equity retainer in the form of restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Corning Incorporated common stock.