Becker Stefan 4

What Happened
Stefan Becker, SVP, Finance & Corporate Controller at Corning Inc. (GLW), had 2,795 restricted/performance equity units convert into common shares on April 29, 2026 (reported May 1, 2026). All 2,795 shares were withheld to satisfy tax obligations at an average price of $151.90 per share, totaling $424,561. The filing shows the derivative conversion (code M) produced the shares and a tax withholding disposition (code F) removed them.

Key Details

• Transaction date: April 29, 2026; Form 4 filed May 1, 2026 (timely).
• Conversion: 2,795 shares acquired via exercise/conversion of derivative instruments (multiple RSU/PSU line items at $0.00).
• Withholding: 2,795 shares withheld/disposed to cover tax liability at $151.90 each = $424,561.
• Shares owned after transaction: not specified in the provided excerpt.
• Footnotes: F1/F5 note RSUs and PSUs each convert to one share; F3/F4 state vesting/withholding were to satisfy tax requirements under 2024 and 2025 agreements; F2 describes future vesting schedules for certain RSUs.
• Codes: M = exercise/conversion of derivative; F = payment of exercise price or tax liability.

Context
This appears to be a routine net settlement/tax-withholding event following vesting/conversion of company equity awards (not an open-market sale or purchase). Such withholdings are standard to cover withholding taxes and do not necessarily signal insider sentiment about the stock.