Form 4: Corning Director Roger W. Ferguson Jr. Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Director Roger W. Ferguson Jr. reports acquisition of restricted stock units in Corning Inc.
Summary
- On March 31, 2025, Roger W. Ferguson Jr., a director of Corning Inc., acquired 874 restricted stock units (RSUs) at a price of $45.78 each.
- Ferguson directly owns 6,938 shares of Corning common stock.
- He also directly owns 923 RSUs, 25,838 RSUs, and 14,552 RSUs.
- These RSUs convert to common stock upon a specific date elected by the participant or termination of service as a Corning director.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for directors and officers of publicly traded companies. It provides transparency into their investment activities in the company's stock.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding the director's investment in the company.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of transaction: Acquisition of restricted stock units |
| 04/01/2025 | Date of signature on the report |
Keywords
Form 4, Corning, GLW, Director, Roger W. Ferguson Jr., Restricted Stock Units, RSU, Beneficial Ownership
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