Form 4: Corning Inc. Executive Eric Musser Reports Stock Transactions

Eric Musser, President and COO of Corning Inc., reports the disposition of common stock and derivative securities related to performance share units.

Summary

• On February 10, 2025, Eric Musser, President and COO of Corning Inc., reported transactions involving Corning's common stock and performance share units.
• Musser disposed of 1,135 shares of common stock at a price of $53.05.
• He also disposed of 3,147 performance share units, which converted into common stock.
• Following these transactions, Musser directly owns 154,956 shares of Corning common stock.
• He also holds derivative securities in the form of performance share units: 56,390 PSUs vesting on April 15, 2025, 45,305 PSUs vesting on April 15, 2026, 37,864 PSUs vesting on April 15, 2027 and 6,294 PSUs vesting at various dates.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, and the transactions themselves don't necessarily indicate a positive or negative sentiment. The sentiment is neutral.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors for signals about management's confidence in the company's prospects.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the overall impact is likely to be minimal.

Key Dates