CORNING INC /NY·4

Apr 1, 4:08 PM ET

Ferguson Roger W. Jr. 4

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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.