4Accepted Oct 1, 4:07 PM ET
Corning (GLW) Director Robert F. Cummings Jr. Receives RSU Award
Accepted (ET)
4:07 PM
Oct 1, 2026
Filed
Oct 1, 2026
Documents
1
Size
10.5 KB
Summary
Corning (GLW) Director Robert F. Cummings Jr. Receives RSU Award
What Happened
- Robert F. Cummings Jr., a director of Corning Incorporated (GLW), received a grant of 268 restricted stock units (RSUs) on 2026-09-30. The award is reported at a grant value of $153.76 per share, for a total reported value of $41,208. This transaction is an equity award (code A) — not an open-market purchase or sale.
Key Details
- Transaction date: 2026-09-30; Filing date: 2026-10-01 (Form 4 appears timely).
- Grant: 268 RSUs at $153.76 per share; total reported value $41,208.
- Transaction type: A (award/acquisition) — derivative security (RSUs).
- Shares owned after transaction: Not reported on this Form 4.
- Relevant footnotes: RSUs represent a contingent right to receive one share each; these RSUs were granted under the Non‑Employee Directors' Deferred Compensation Plan as the director's annual equity retainer, and conversion/distribution of the RSUs is deferred until a date elected by the participant or termination of service.
Context
- RSUs are a form of compensation that give the holder the right to receive shares in the future (subject to deferral/vesting rules); they do not represent an immediate open‑market buy or sale. Grants to non-employee directors are commonly routine compensation and do not by themselves indicate a change in the director's view of company prospects.