4//SEC Filing
Bell Michael Alan 4
Accession 0001127602-25-003394
CIK 0000024741other
Filed
Feb 5, 7:00 PM ET
Accepted
Feb 6, 4:22 PM ET
Size
23.6 KB
Accession
0001127602-25-003394
Insider Transaction Report
Form 4
Bell Michael Alan
Senior VP & GM, Optical Comm.
Transactions
- Exercise/Conversion
Common Stock
2025-02-04+462→ 462 total - Exercise/Conversion
Common Stock
2025-02-04+470→ 1,364 total - Exercise/Conversion
Common Stock
2025-02-04+432→ 894 total - Award
Performance Share Unit
2025-02-04+14,464→ 14,464 total→ Common Stock (14,464 underlying) - Tax Payment
Common Stock
2025-02-04$52.04/sh−1,364$70,983→ 0 total - Exercise/Conversion
Performance Share Unit
2025-02-04−462→ 14,002 total→ Common Stock (462 underlying) - Exercise/Conversion
Performance Share Unit
2025-02-04−470→ 20,849 total→ Common Stock (470 underlying) - Award
Performance Share Unit
2025-02-04+13,520→ 17,184 total→ Common Stock (13,520 underlying) - Award
Performance Share Unit
2025-02-04+14,717→ 21,319 total→ Common Stock (14,717 underlying) - Exercise/Conversion
Performance Share Unit
2025-02-04−432→ 16,752 total→ Common Stock (432 underlying)
Holdings
- 732.659(indirect: By Trust)
Common Stock
Footnotes (8)
- [F1]Each performance share unit represents a contingent right to receive one share of Corning Incorporated common stock.
- [F2]Ownership is represented by units held in a unitized stock fund through the issuer's 401(k) retirement plan as of January 31, 2025.
- [F3]Performance share units (PSUs) were earned February 4, 2025 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2024 pursuant to the 2024 agreement. Earned PSUs remain restricted until April 15, 2027, when they vest and convert to common stock, subject to service-based vesting requirement.
- [F4]Performance share units (PSUs) were earned February 4, 2025 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2024 pursuant to the 2023 agreement. Earned PSUs remain restricted until April 15, 2026, when they vest and convert to common stock, subject to service-based vesting requirement.
- [F5]Performance share units (PSUs) were earned February 4, 2025 per Compensation Committee decision that performance criteria were satisfied for fiscal year 2024 pursuant to the 2022 agreement. Earned PSUs remain restricted until April 15, 2025, when they vest and convert to common stock, subject to service-based vesting requirement.
- [F6]Vesting to satisfy tax requirement pursuant to the 2024 agreement.
- [F7]Vesting to satisfy tax requirement pursuant to the 2023 agreement.
- [F8]Vesting to satisfy tax requirement pursuant to the 2022 agreement.
Documents
Issuer
CORNING INC /NY
CIK 0000024741
Entity typeother
Related Parties
1- filerCIK 0001826462
Filing Metadata
- Form type
- 4
- Filed
- Feb 5, 7:00 PM ET
- Accepted
- Feb 6, 4:22 PM ET
- Size
- 23.6 KB