O'Day Michael Paul 4

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.