Martin Kevin J 4
4 · CORNING INC /NY · Filed Apr 1, 2026
Research Summary
AI-generated summary of this filing
Corning (GLW) Director Kevin J. Martin Receives 257-Share RSU Award
What Happened Kevin J. Martin, a director of Corning Incorporated (GLW), was granted 257 restricted stock units (RSUs) on 2026-03-31. The filing values the award at $135.97 per share, for a total grant value of $34,944. The transaction is coded as an award/grant (A) and represents a derivative grant (RSUs), not an open-market purchase.
Key Details
- Transaction date: 2026-03-31; Filing date: 2026-04-01 (timely filing).
- Grant: 257 RSUs at $135.97 per unit; total value $34,944.
- Shares owned after transaction: not disclosed in this Form 4.
- Footnotes: RSUs represent contingent rights to receive one share each (F1, F3, F4). Conversion/distribution of RSUs is deferred until a date elected by the participant or upon termination of service under the Non-Employee Directors' Deferred Compensation Plan (F2, F5). The award appears to be the annual equity retainer for non-employee directors.
Context RSU grants to non-employee directors are a routine form of compensation and do not represent an immediate purchase or sale of shares. These RSUs are derivative awards that will convert to common stock at a later date per the director deferred compensation plan; they do not imply an immediate market view by the director.
Insider Transaction Report
- Award
Restricted Stock Unit
[F4][F5]2026-03-31$135.97/sh+257$34,944→ 20,097 total→ Common Stock (257 underlying)
- 31,506
Common Stock
- 888
Restricted Stock Unit
[F1][F2]→ Common Stock (888 underlying) - 1,544
Restricted Stock Unit
[F1][F2]→ Common Stock (1,544 underlying) - 52,853
Restricted Stock Unit
[F3][F2]→ Common Stock (52,853 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.