Form 4: Corning Director Deborah A. Henretta Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Director Deborah A. Henretta reports acquisition of restricted stock units in Corning Inc. under the Non-Employee Directors' Deferred Compensation Plan.
Summary
- On March 31, 2025, Deborah A. Henretta, a director of Corning Inc., reported the acquisition of 528 restricted stock units (RSUs) under the Non-Employee Directors' Deferred Compensation Plan.
- These RSUs represent a contingent right to receive one share of Corning Incorporated common stock each.
- The price of the derivative security was $45.78.
- Following the reported transaction, Henretta beneficially owns 39,621 derivative securities.
- Henretta also directly owns 25,965 shares of Corning common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It simply reports a transaction and doesn't convey any positive or negative sentiment about the company's performance or prospects.
Future Outlook
The document does not contain any specific forward-looking statements regarding the company's future performance.
Industry Context
This filing is a routine disclosure related to insider transactions and provides transparency regarding the holdings of company directors. It is standard practice for directors to receive equity compensation, aligning their interests with those of shareholders.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's long-term success.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of earliest transaction: Acquisition of restricted stock units. |
| 04/01/2025 | Date of report filing. |
Keywords
Form 4, Corning, Director, Henretta, Restricted Stock Units, RSU, Beneficial Ownership, GLW, Non-Employee Directors' Deferred Compensation Plan
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