O'Day Michael Paul 4
4 · CORNING INC /NY · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
Corning (GLW) SVP Michael O'Day Receives 6,532 RSU Award
What Happened
- Michael Paul O'Day, Senior Vice President & GM, Optical Communications at Corning Incorporated (GLW), was granted 6,532 restricted stock units (RSUs) on 2026-04-01. The award is recorded as a derivative acquisition (code A) at $0.00 (no cash paid at grant). Each RSU represents a contingent right to one share of Corning common stock (see footnote F1).
Key Details
- Transaction date: 2026-04-01; filing date: 2026-04-02 (timely filing).
- Award amount: 6,532 RSUs; reported acquisition price: $0.00 (derivative grant).
- Vesting/terms (per footnotes): portions of the RSUs vest 100% on 2026-04-15 (F4), 2027-04-15 (F2), 2028-04-14 (F3), and 2029-04-16 (F5). Vesting may accelerate for events such as retirement, death, or disability as specified in the agreements.
- Footnote summary: F1 defines RSU = right to one share; F2–F5 specify the vesting dates and contingencies.
- Shares owned following the transaction: not disclosed in the provided filing details.
Context
- This was a compensation grant (RSUs), not an open-market purchase or sale. RSUs convert to shares only upon vesting and do not represent immediate share sales or purchases. Such grants are routine executive compensation and do not by themselves indicate insider sentiment about the stock price.
Insider Transaction Report
Form 4
O'Day Michael Paul
SVP and GM, Optical Comm.
Transactions
- Award
Restricted Stock Unit
[F1][F5]2026-04-01+6,532→ 6,532 total→ Common Stock (6,532 underlying)
Holdings
- 30,692
Common Stock
- 6,460
Restricted Stock Unit
[F1][F2]→ Common Stock (6,460 underlying) - 14,704
Restricted Stock Unit
[F1][F3]→ Common Stock (14,704 underlying) - 6,244
Restricted Stock Unit
[F1][F4]→ Common Stock (6,244 underlying)
Footnotes (5)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
- [F2]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.
- [F3]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.
- [F4]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.
- [F5]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.
Signature
Melissa J. Gambol, Power of Attorney|2026-04-02