TILLMAN MICHAUNE D 4
Research Summary
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Corning (GLW) SVP & General Counsel Michaune Tillman Receives RSU Award
What Happened Michaune D. Tillman, Senior Vice President and General Counsel of Corning Incorporated (GLW), was granted 3,477 restricted stock units (RSUs) on 2026-04-01. The award is recorded as a derivative acquisition (code A) at $0.00 per unit — this is a compensation grant, not an open‑market purchase or sale. Each RSU represents a contingent right to receive one share of Corning common stock if and when the RSUs vest.
Key Details
- Transaction date: 2026-04-01; Form filed: 2026-04-02 (timely filing).
- Award: 3,477 RSUs; acquisition price reported $0.00 (non-cash compensation).
- Vesting notes: Footnotes indicate RSU agreements with vesting dates of April 15, 2027; April 14, 2028; and April 16, 2029 (each footnote describes RSUs that vest 100% on the listed date). The filing does not detail how the 3,477 units are allocated across those dates.
- Each RSU equals a contingent right to one share (will convert to shares upon vesting).
- Accelerated vesting may occur under specified events (retirement, death, disability, etc.) per the agreements.
- Shares owned after the transaction are not specified in the provided filing.
Context RSU grants are common executive compensation and are derivative until vested; they do not represent an immediate purchase or sale of stock. Because these units vest in the future (subject to conditions), they do not directly change Tillman’s voting power or market holdings until conversion to shares at vesting.