BURNS STEPHANIE 4

What Happened

• Stephanie Burns, a director of Corning Incorporated (GLW), received a grant of 303 restricted stock units (RSUs) on March 31, 2026.
• The grant is reported at $135.97 per share, for a total reported value of $41,199. This transaction is an equity award (derivative), not an open-market purchase.

Key Details

• Transaction date: 2026-03-31; Form 4 filed: 2026-04-01.
• Transaction type/code: A — Award/Grant (reported as a derivative RSU grant).
• Amount: 303 RSUs; reported price per share: $135.97; total value: $41,199.
• Shares owned after transaction: Not specified in this filing.
• Footnotes: Each RSU represents a contingent right to receive one share of Corning common stock (F1, F3, F4). Conversion/distribution of the RSUs is deferred until a date elected by the participant or upon termination of service as a Corning director (F2, F5). The grant reflects the annual equity retainer under the Non-Employee Directors' Deferred Compensation Plan (F3, F4).
• Filing timeliness: Filed April 1, 2026, reporting a March 31, 2026 grant (no late-filing indication in the report).

Context

• RSU grants to non-employee directors are a common form of compensation and are typically deferred; they do not reflect an immediate purchase of shares.
• Because these are deferred RSUs (derivative awards), they convert to actual shares only under the plan rules (election date or termination). This grant should be viewed as director compensation rather than a direct insider market signal.