Corning (GLW) Director Roger W. Ferguson Jr. Receives Award

What Happened

• Roger W. Ferguson Jr., a Corning director, was granted 268 restricted stock units (RSUs) on 2026-09-30. The grant is reported as a derivative acquisition (code A) at an imputed price of $153.76 per share, for a total value of $41,208. This award appears to be part of director compensation (annual equity retainer) and is not a market purchase or sale.

Key Details

• Transaction date: 2026-09-30; Filing date: 2026-10-01 (filed next business day)
• Grant: 268 RSUs @ $153.76 each; aggregate value $41,208
• Shares owned after transaction: Not specified in this Form 4
• Footnotes: RSUs represent the contingent right to one share each (F1/F3/F4). Conversion/distribution of shares under the director deferred compensation plan is deferred until a date elected by the participant or upon termination of service (F2/F5). The award is described as the annual equity retainer (F3/F4).
• Timeliness: Filing appears timely (reported period 2026-09-30, filed 2026-10-01)

Context

• RSUs are a form of equity compensation that confer the right to receive shares in the future; they are not an immediate cash purchase or sale. Under the Non-Employee Directors' Deferred Compensation Plan, distribution of the underlying shares is deferred per the participant's election or until service ends. Grants to directors are typically routine compensation and do not by themselves imply buying or selling sentiment.