BURNS STEPHANIE 4
4 · CORNING INC /NY · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
Corning (GLW) Director Stephanie Burns Receives Award of 1,806 RSUs
What Happened Stephanie Burns, a director of Corning Incorporated (GLW), was granted 1,806 restricted stock units (RSUs) on February 11, 2026. The Form 4 reports the award as an acquisition at $0.00 (transaction code A) — these are derivative awards (RSUs), not an open‑market purchase or sale.
Key Details
- Transaction date and type: 2026-02-11 — Grant/Award of 1,806 RSUs (reported at $0.00).
- Filing date: Form filed 2026-02-12 (one day after the reported transaction).
- Shares owned after transaction: Not specified in this filing.
- Plan and award notes: RSUs granted under the Non-Employee Directors' Deferred Compensation Plan and as the annual equity retainer. Each RSU represents a contingent right to one share. (See footnotes: conversion/distribution deferred until an elected date or termination of director service.)
- No indication of tax withholding, immediate sale, or 10b5-1 plan in the filing.
Context RSUs are a form of deferred compensation for directors and convert into common stock at a later date or upon termination of service — they are not immediately tradable shares. Such awards are routine director compensation and do not, by themselves, indicate the director is buying or selling stock in the market.
Insider Transaction Report
- Award
Restricted Stock Unit
[F5][F2]2026-02-11+1,806→ 52,853 total→ Common Stock (1,806 underlying)
- 56,888
Common Stock
- 107(indirect: By Trust)
Common Stock
- 1,045
Restricted Stock Unit
[F1][F2]→ Common Stock (1,045 underlying) - 1,817
Restricted Stock Unit
[F1][F2]→ Common Stock (1,817 underlying) - 26,305
Restricted Stock Unit
[F3][F4]→ Common Stock (26,305 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.