CUMMINGS ROBERT F JR 4

What Happened

• Robert F. Cummings Jr., a director of Corning Incorporated (GLW), was granted 303 restricted stock units (RSUs) on 2026-03-31.
• The grant is reported at $135.97 per share, for a total implied value of $41,199. This transaction is recorded as an award/acquisition (derivative) rather than an open‑market purchase.

Key Details

• Transaction date: 2026-03-31; Form 4 filed: 2026-04-01. No late filing is indicated in the provided extract.
• Grant type/code: A (award/acquisition) — derivative RSUs, not immediately tradable shares.
• Amount: 303 RSUs at $135.97 each; total value shown $41,199.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: RSUs represent a contingent right to one share each (F1, F3, F4). Conversion/distribution of shares under the Non‑Employee Directors' Deferred Compensation Plan is deferred until a date elected by the participant or termination of director service (F2, F5). The grant represents the annual equity retainer for non‑employee directors.

Context

• RSU grants to non‑employee directors are routine compensation and do not represent an open‑market purchase or sale. Because these are deferred RSUs (derivative awards), the actual shares and any ability to sell them occur later per the plan's deferral rules. Such awards are compensation, not direct signals of immediate buying or selling intent.