CORNING INC /NY·4

Jul 1, 4:01 PM ET

BURNS STEPHANIE 4

4 · CORNING INC /NY · Filed Jul 1, 2026

Research Summary

AI-generated summary of this filing

Updated

Corning (GLW) Director Stephanie Burns Receives 161 RSU Award

What Happened

  • Stephanie Burns, a Corning Inc. (GLW) director, was granted 161 restricted stock units (RSUs) on 2026-06-30. The grant is reported as a derivative award (transaction code A) with an attributable grant value of $255.43 per share, totaling $41,124. This is an equity compensation award (not an open-market purchase or sale).

Key Details

  • Transaction date and filing: 2026-06-30 (reported on Form 4 filed 2026-07-01). Filing appears timely (Form 4 filed within the normal 2-business-day window).
  • Grant specifics: 161 RSUs @ $255.43 per share; total grant value $41,124.
  • Shares owned after transaction: not specified in the provided filing details.
  • Footnote highlights:
    • Each RSU represents a contingent right to receive one share of Corning common stock (F1, F3, F4).
    • Conversion/distribution of these RSUs is deferred until a date elected by the participant or upon termination of director service under the Non-Employee Directors' Deferred Compensation Plan (F2, F5).
  • Transaction type: Award/Grant (derivative RSU award), not an exercised option or sale.

Context

  • RSU grants to non-employee directors are routine compensation and represent a promise of future shares (subject to vesting/deferral rules), so they do not by themselves indicate an immediate buy/sell decision. Because distribution is deferred under the directors’ deferred compensation plan, the RSUs are not immediately convertible to marketable shares.

Insider Transaction Report

Form 4
Period: 2026-06-30
Transactions
  • Award

    Restricted Stock Unit

    [F4][F5]
    2026-06-30$255.43/sh+161$41,12426,769 total
    Common Stock (161 underlying)
Holdings
  • Common Stock

    56,888
  • Common Stock

    (indirect: By Trust)
    107
  • Restricted Stock Unit

    [F1][F2]
    Common Stock (1,045 underlying)
    1,045
  • Restricted Stock Unit

    [F1][F2]
    Common Stock (1,817 underlying)
    1,817
  • Restricted Stock Unit

    [F3][F2]
    Common Stock (52,853 underlying)
    52,853
Footnotes (5)
  • [F1]Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock.
  • [F2]Conversion of restricted stock units to the Company's common stock and distribution of such stock is deferred until a specific date as elected by the participant or termination of service as a Corning director.
  • [F3]Represents annual equity retainer in the form of restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Corning Incorporated common stock.
  • [F4]Represents restricted stock units (RSUs) granted under the Non-Employee Directors' Deferred Compensation Plan. Each RSU represents a contingent right to receive one share of Corning Incorporated common stock.
  • [F5]Conversion of restricted stock units to the Company's common stock and distribution of such stock under the Non-Employee Directors' Deferred Compensation Plan is deferred until a specific date as elected by the participant or termination of service as a Corning director.
Signature
Melissa J. Gambol, Power of Attorney|2026-07-01

Documents

1 file
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT