Kammerud Jordana Daryl 4

What Happened
Jordana Daryl Kammerud, Senior Vice President of Corning Inc. (GLW), converted 18,515 derivative award units into common shares on April 15, 2026 (two conversions: 12,845 and 5,670 shares). There was no cash exercise price for the conversions (reported at $0.00). To cover tax withholding, 9,018 shares were surrendered at $168.27 per share, totaling $1,517,459. After withholding, the insider received a net of 9,497 shares.

Key Details

• Transaction date: April 15, 2026; Form 4 filed April 16, 2026 (timely).
• Conversion entries: 12,845 and 5,670 shares acquired via derivative conversion (code M) at $0.00.
• Tax withholding: 9,018 shares disposed to cover tax liability (code F) at $168.27/share = $1,517,459.
• Net shares added: 18,515 acquired − 9,018 withheld = 9,497 shares retained.
• Shares owned after transaction: not specified in the filing.
• Footnotes: awards include performance share units (PSUs) and restricted stock units (RSUs); some awards vest/convert on April 15, 2026 (see footnotes F1, F7, F8) while other awards in the filing reference later vesting dates (F2–F6).

Context

• This was a conversion/vesting of company awards (not an open-market purchase or a sale); the withholding of shares to satisfy taxes is routine and does not represent an open-market sale for investment purposes.
• Transaction codes: M = exercise/conversion of a derivative award; F = payment of exercise price or tax liability via share withholding.
• No indication of a 10% owner or a Section 16 late filing issue; the report was filed the next day and appears timely.