Form 4: Corning CEO Gifts Shares, Reports Late Filing

Sentiment:

Insider Transaction Report


Corning's Chairman and CEO, Wendell P. Weeks, reported a gift of 24,322 shares of common stock, reducing his direct beneficial ownership.

Delay expectedThe Form 4 was filed late due to an administrative error, not an error of the reporting person.

Summary

  • Wendell P. Weeks, Chairman, CEO, and President of Corning Inc. (GLW), reported a disposition of 24,322 shares of common stock.
  • The transaction, coded as a gift ("G"), occurred on December 4, 2025, with a price of $0 per share.
  • Following this transaction, Mr. Weeks directly beneficially owns 747,779 shares of Common Stock.
  • He also indirectly beneficially owns 9,200 shares held by his spouse, 7,098.3039 units in an employee benefit plan held by his spouse, and 11,700.9117 units as a Trustee U/employee Benefit Plan.
  • Mr. Weeks disclaims beneficial ownership of all securities held by his spouse.
  • The filing was submitted late due to an administrative error, not an error by the reporting person.

Sentiment

Score: 5

Explanation: The filing is a routine report of an insider transaction (a gift of shares) and does not contain information that inherently indicates positive or negative sentiment for the company's operational or financial performance.

Negatives

  • A reduction in direct insider ownership by 24,322 shares.

Future Outlook

NA

Management Comments

  • The reporting person disclaims beneficial ownership of all securities held by spouse.
  • This form is being filed late due to an administrative error and not any error of the reporting person.

Industry Context

NA

Stakeholder Impact

  • Shareholders: A minor reduction in direct insider ownership, which is generally not significant enough to impact sentiment or company strategy.

Key Dates

DateDescription
11/28/2025Date as of which ownership in 401(k) retirement plan is represented by units.
12/04/2025Date of common stock disposition (gift) by Wendell P. Weeks.
12/09/2025Date the Form 4 was signed by Power of Attorney.

Keywords

Corning, GLW, Form 4, Insider Transaction, Stock Gift, Wendell Weeks, Beneficial Ownership

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