Nelson Avery H III 4
Research Summary
AI-generated summary
Corning (GLW) COO Nelson Avery H III Sells 20,000 Shares
What Happened
Nelson Avery H III, Executive Vice President & Chief Operating Officer of Corning Inc. (GLW), sold 20,000 shares in an open-market transaction on May 15, 2026. The shares were disposed at $195.93 each, for a total proceeds of $3,918,600. This was a sale (S) rather than a purchase or award.
Key Details
- Transaction date: May 15, 2026; transaction type: open-market sale (code S).
- Price per share: $195.93; total proceeds: $3,918,600.
- Shares owned after the transaction: not specified in the report.
- Footnote: Ownership is represented by units held in a unitized stock fund through Corning's 401(k) plan as of April 30, 2026.
- Filing: Form 4 was filed May 18, 2026 (within the typical two-business-day reporting window).
Context
Sales by executives can be routine (e.g., liquidity, diversification, or plan-driven) and do not necessarily signal a change in view on the company. This report documents a straightforward open-market sale; no options exercise, gift, or tax-withholding event was reported in this filing.