Form 4: Corning Inc. Director Deborah A. Henretta Reports Acquisition of Restricted Stock Units

Director Deborah A. Henretta reports acquiring 504 restricted stock units of Corning Inc. on September 30, 2024, under the Non-Employee Directors' Deferred Compensation Plan.

Summary

• On September 30, 2024, Deborah A. Henretta, a director of Corning Inc., acquired 504 restricted stock units (RSUs) under the Non-Employee Directors' Deferred Compensation Plan.
• The price of the derivative security was $45.15.
• Following the transaction, Henretta directly owns 25,965 shares of common stock and 38,587 restricted stock units.
• The RSUs represent a contingent right to receive one share of Corning Incorporated common stock each.
• Conversion of these RSUs to common stock and distribution is deferred until a specific date elected by the participant or termination of service as a Corning director.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, reporting a standard transaction. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The document does not contain any specific forward-looking statements regarding Corning Inc.'s future performance.

Industry Context

This filing is a routine disclosure of a director's acquisition of company stock, which is common practice in publicly traded companies. It provides transparency to investors regarding the holdings of company insiders.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding director compensation and alignment with company performance.

Key Dates