CUMMINGS ROBERT F JR 4
Research Summary
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Corning (GLW) Director Robert F. Cummings Jr. Receives 1,806 RSUs
What Happened Robert F. Cummings Jr., a director of Corning Incorporated (GLW), received a grant of 1,806 restricted stock units (RSUs) on February 11, 2026. The award was recorded at $0.00 per unit (no cash paid). These RSUs are derivative awards that represent a contingent right to receive Corning common stock in the future.
Key Details
- Transaction date: 2026-02-11 (filed 2026-02-12) — filing appears timely (next-business-day).
- Grant: 1,806 RSUs; reported price $0.00 (award/grant, transaction code A).
- Shares owned after transaction: not disclosed in this Form 4.
- Footnotes: RSUs represent a contingent right to one share each; conversion/distribution is deferred until a date elected by the participant or upon termination of service. The grant is under the Non-Employee Directors' Deferred Compensation Plan and reflects the annual equity retainer for directors.
Context This is a routine director compensation award (RSUs) rather than an open‑market purchase or sale. RSUs do not represent immediate stock ownership until converted/distributed per the deferral election or upon leaving the board.