Nelson Avery H III 4
4 · CORNING INC /NY · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
Corning (GLW) COO Avery H. Nelson III Receives RSU Award
What Happened
Avery H. Nelson III, Executive Vice President & Chief Operating Officer of Corning Inc. (GLW), was granted 9,692 restricted stock units (RSUs) on April 1, 2026. The award is reported as a derivative acquisition at $0.00 per unit (no cash paid at grant). This is a grant/award (not a purchase or sale).
Key Details
- Transaction date: April 1, 2026; Form 4 filed April 2, 2026 (reported the next day).
- Transaction type/code: A — Grant/award of derivative securities (RSUs).
- Amount: 9,692 restricted stock units; reported price $0.00 (derivative grant).
- Shares owned after transaction: Not specified in the supplied summary.
- Relevant footnotes from the filing:
- F2: Each RSU represents a contingent right to receive one share of Corning common stock.
- F3–F6: Vesting schedules shown in the filing include single-date vesting (100%) on various dates (Apr 15, 2026; Apr 15, 2027; Apr 14, 2028; Apr 16, 2029) and may accelerate for events like retirement, death, or disability.
- F1: Separately notes ownership represented by units in the issuer's 401(k) stock fund as of Mar 31, 2026.
- No tax-withholding, 10b5-1 plan, sale, or exercise details were indicated in the information provided.
Context
RSU grants are compensation awards that convert to shares if and when they vest; they are not immediate purchases and do not signal an instant cash outlay or sale. The filing shows a standard grant of RSUs with specific vesting provisions noted—retail investors should view this as a compensation-related award rather than an insider buying or selling stock.
Insider Transaction Report
- Award
Restricted Stock Unit
[F2][F6]2026-04-01+9,692→ 9,692 total→ Common Stock (9,692 underlying)
- 59,788
Common Stock
- 3,847.938(indirect: By Trust)
Common Stock
[F1] - 21,442
Restricted Stock Unit
[F2][F3]→ Common Stock (21,442 underlying) - 23,369
Restricted Stock Unit
[F2][F4]→ Common Stock (23,369 underlying) - 17,838
Restricted Stock Unit
[F2][F5]→ Common Stock (17,838 underlying)
Footnotes (6)
- [F1]Ownership is represented by units held in a unitized stock fund through the issuer's 401(k) retirement plan as of March 31, 2026.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
- [F3]The restricted stock units (RSUs) vest 100% on April 15, 2027. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.
- [F4]The restricted stock units (RSUs) vest 100% on April 14, 2028. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.
- [F5]The restricted stock units (RSUs) vest 100% on April 15, 2026. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.
- [F6]The restricted stock units (RSUs) vest 100% on April 16, 2029. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.