Ferguson Roger W. Jr. 4
4 · CORNING INC /NY · Filed Apr 1, 2026
Research Summary
AI-generated summary of this filing
Corning (GLW) Director Roger W. Ferguson Jr. Receives RSU Award
What Happened Roger W. Ferguson Jr., a director of Corning Incorporated (GLW), received a grant of 303 restricted stock units (RSUs) on March 31, 2026. The grant is reported at an imputed price of $135.97 per share, representing a total value of approximately $41,199. This was an award (not an open-market purchase or sale) issued as part of director compensation and is a derivative award that vests/settles as shares under the company’s plans.
Key Details
- Transaction date: 2026-03-31; reported on Form 4 filed 2026-04-01 (timely filing).
- Award: 303 RSUs @ $135.97 (total value ≈ $41,199).
- Type: Grant/Award (derivative RSUs) under Non-Employee Directors’ Deferred Compensation Plan — annual equity retainer.
- Shares owned after transaction: Not specified in the provided filing details.
- Notable footnotes: Each RSU is a contingent right to receive one share; conversion/distribution is deferred until a date elected by the participant or upon termination of director service.
Context RSUs are deferred compensation awards that convert into company shares under plan rules; they are not immediate open-market purchases and do not, by themselves, indicate insider buying or selling intent. This grant appears to be routine director compensation (annual retainer) rather than a trading event by a 10% owner or executive.
Insider Transaction Report
- Award
Restricted Stock Unit
[F4][F5]2026-03-31$135.97/sh+303$41,199→ 16,561 total→ Common Stock (303 underlying)
- 6,938
Common Stock
- 923
Restricted Stock Unit
[F1][F2]→ Common Stock (923 underlying) - 27,644
Restricted Stock Unit
[F3][F2]→ Common Stock (27,644 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 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.
- [F4]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.
- [F5]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.