Ferguson Roger W. Jr. 4
4 · CORNING INC /NY · Filed Jul 1, 2026
Research Summary
AI-generated summary of this filing
Corning (GLW) Director Roger W. Ferguson Jr. Receives 161-Share Award
What Happened
Roger W. Ferguson Jr., a director of Corning Incorporated (GLW), was granted 161 restricted stock units (RSUs) on 2026-06-30. The grant is recorded at a grant value of $255.43 per share, totaling $41,124. This was an award (transaction code A) rather than an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-06-30; 161 RSUs at $255.43 each (total $41,124).
- Shares owned after transaction: Not specified in this Form 4.
- Footnotes of note:
- Each RSU represents a contingent right to receive one share of Corning common stock (F1, F3, F4).
- Conversion/distribution of RSUs to shares is deferred until a date elected by the participant or upon termination of service as a director (F2, F5).
- The grant represents the annual equity retainer under the Non-Employee Directors' Deferred Compensation Plan (F3, F4).
- Filing timeliness: Reported period 2026-06-30 and filed 2026-07-01 — within the typical Form 4 filing window (timely).
Context
RSUs are a form of deferred compensation: Ferguson did not receive shares immediately but a contingent right to shares in the future per the plan's deferral rules. Awards to non-employee directors are commonly part of standard compensation and do not, by themselves, indicate a buy or sell signal.
Insider Transaction Report
- Award
Restricted Stock Unit
[F4][F5]2026-06-30$255.43/sh+161$41,124→ 16,722 total→ Common Stock (161 underlying)
- 6,938
Common Stock
- 923
Restricted Stock Unit
[F1][F2]→ Common Stock (923 underlying) - 27,644
Restricted Stock Unit
[F3][F2]→ Common Stock (27,644 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.