Amin Jaymin 4

What Happened
Amin Jaymin, Senior Vice President and Chief Technology Officer at Corning Incorporated (GLW), exercised options to acquire 7,917 shares at an exercise price of $27.00 (cost $213,759) on May 22, 2026, and sold 27,395 shares in an open-market transaction. The open-market sale generated approximately $5,263,637 at a weighted-average price of $192.14. The filing also reports the 7,917 exercised option shares as converted/disposed in the derivative line, consistent with an immediate sale or cashless exercise.

Key Details

• Transaction date: May 22, 2026. Form 4 filed May 26, 2026 (filed 4 days after the trades; Form 4s are generally due within 2 business days).
• Option exercise: 7,917 shares exercised at $27.00 each; total exercise cost $213,759.
• Market sale: 27,395 shares sold at a weighted average price of $192.14; total proceeds ~$5,263,637. Price range for the sale trades was $191.805 to $192.49 (footnote F1).
• Derivative reporting: 7,917 shares also reported as disposed at $0.00 under derivative conversion (reported as M), indicating conversion/settlement of the derivative position.
• Shares owned after the transactions: Not specified in the provided lines of the filing. Footnote F2 notes ownership is represented by units in a unitized stock fund through Corning’s 401(k) plan as of April 30, 2026.
• No 10b5-1 plan or tax-withholding details were cited in the supplied information.

Context
When an executive exercises options and then sells shares, it is often a routine liquidity event (e.g., cashless exercise to cover the option cost/taxes) rather than a clear signal about company prospects. The filing’s derivative lines and the immediate sale of shares are consistent with that pattern, but the filing itself does not state the insider’s motivation. Retail investors should treat sales by insiders as routine unless accompanied by other material signals or filings.