BURNS STEPHANIE 4
4 · CORNING INC /NY · Filed Jul 1, 2026
Research Summary
AI-generated summary of this filing
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
BURNS STEPHANIE
Director
Transactions
- Award
Restricted Stock Unit
[F4][F5]2026-06-30$255.43/sh+161$41,124→ 26,769 total→ Common Stock (161 underlying)
Holdings
- 56,888
Common Stock
- 107(indirect: By Trust)
Common Stock
- 1,045
Restricted Stock Unit
[F1][F2]→ Common Stock (1,045 underlying) - 1,817
Restricted Stock Unit
[F1][F2]→ Common Stock (1,817 underlying) - 52,853
Restricted Stock Unit
[F3][F2]→ Common Stock (52,853 underlying)
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