Amin Jaymin 4

What Happened

• Amin Jaymin, Senior Vice President and Chief Technology Officer of Corning Incorporated, had performance/restricted share units convert to common stock on April 15, 2026. A total of 50,914 derivative units converted (15,355 and 35,559). No cash exercise price was required ($0.00 per share). To satisfy tax withholding, 24,796 shares were withheld (disposed) at an indicated value of $168.27 per share, totaling $4,172,423.

Key Details

• Transaction date: April 15, 2026 (reported on Form 4 filed April 16, 2026). Filing appears timely.
• Conversion price: $0.00 per share for the derivative exercises (M code).
• Withholding: 24,796 shares withheld to cover tax liability (F code) at $168.27/share = $4,172,423.
• Total units converted: 50,914 shares (15,355 + 35,559).
• Approximate net shares issued after withholding: 50,914 − 24,796 = 26,118 shares (based on the conversion and withholding shown).
• Shares owned after transaction: not explicitly reported in this filing.
• Relevant footnotes: F10/F9 indicate these were earned PSUs/RSUs that vested/converted on April 15, 2026; F2/F5 note each PSU/RSU represents a contingent right to one share. F1 notes separate 401(k) holdings as of March 31, 2026.

Context

• These transactions reflect vesting/conversion of performance/restricted units rather than an open-market purchase or sale. The withholding of shares to satisfy tax obligations is a common administrative action and not an open-market sale signaling a decision to divest.
• Derivative code M here means the units converted into common stock. The F code indicates shares were withheld for taxes (tax withholding), not a public sale.