Form 4: Corning EVP Avery Nelson Receives RSU Grant
Statement of Changes in Beneficial Ownership
Corning Incorporated Executive Vice President and COO Avery H. Nelson III was granted 9,692 restricted stock units on April 1, 2026.
Summary
- Avery H. Nelson III, Executive Vice President and COO of Corning Incorporated, received a grant of 9,692 restricted stock units (RSUs).
- Each RSU represents a contingent right to receive one share of Corning common stock.
- The newly granted RSUs are scheduled to vest on April 16, 2029.
- Following this transaction, the reporting person maintains direct ownership of 59,788 shares of common stock and indirect ownership of 3,847.9383 shares via a 401(k) plan.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral administrative filing regarding standard executive compensation.
Positives
- The grant aligns executive compensation with long-term shareholder interests through equity-based incentives.
- The reporting person maintains a significant direct equity stake in the company.
Negatives
- None identified.
Risks
- Vesting of RSUs is subject to continued employment and specific conditions outlined in the grant agreement.
- The value of the equity compensation is subject to market volatility of Corning Incorporated common stock.
Future Outlook
The filing does not provide forward-looking financial guidance, focusing solely on executive equity compensation.
Industry Context
StockSavvy.ai notes that this filing is a routine disclosure of executive compensation and does not signal a change in corporate strategy or operational performance.
Comparison to Industry Standards
- The use of multi-year vesting schedules for RSUs is standard practice among S&P 500 companies to ensure executive retention.
- The reporting person's ownership level is consistent with typical equity holdings for C-suite executives at large-cap industrial firms.
Stakeholder Impact
- Shareholders may view the equity grant as a standard alignment of executive incentives with long-term company performance.
Next Steps
- Vesting of existing RSU tranches on April 15, 2026, April 15, 2027, April 14, 2028, and April 16, 2029.
Key Dates
| Date | Description |
|---|---|
| 03/31/2026 | Date of 401(k) unitized stock fund balance reporting. |
| 04/01/2026 | Transaction date for the RSU grant. |
| 04/02/2026 | Date of filing. |
| 04/15/2026 | Vesting date for existing RSU tranche. |
| 04/15/2027 | Vesting date for existing RSU tranche. |
| 04/14/2028 | Vesting date for existing RSU tranche. |
| 04/16/2029 | Vesting date for the new RSU grant. |
Keywords
Corning, GLW, Insider Trading, Form 4, Executive Compensation, Restricted Stock Units
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.