Form 4: Corning Inc. Executive Jordana Kammerud Reports Acquisition of Restricted Stock Units
SEC Filing Form 4
Jordana Daryl Kammerud, a Senior Vice President & CHRO at Corning Inc., reported the acquisition of 12,187 restricted stock units (RSUs) on April 1, 2025.
Summary
- On April 3, 2025, Jordana Daryl Kammerud, Senior Vice President & CHRO of Corning Inc., filed a Form 4 with the SEC.
- The filing reports the acquisition of 12,187 restricted stock units (RSUs) on April 1, 2025.
- These RSUs vest 100% on April 14, 2028, with potential for earlier vesting under certain conditions like retirement, death, or disability.
- Following the reported transaction, Kammerud directly owns 61,965 shares of Corning Inc. common stock and 27,795 restricted stock units.
- The filing was signed by Melissa J. Gambol under Power of Attorney.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting an executive's acquisition of restricted stock units. It is neutral in tone and does not inherently indicate positive or negative sentiment.
Positives
- The acquisition of RSUs could be seen as a positive sign, indicating the executive's alignment with the company's long-term success.
Future Outlook
The document does not contain any specific forward-looking statements regarding the company's future performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in the executive's holdings of Corning Inc. securities.
Stakeholder Impact
- The acquisition of RSUs by a company executive can signal confidence in the company's future performance to shareholders.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of transaction: Acquisition of 12,187 Restricted Stock Units. |
| 04/03/2025 | Date of Form 4 filing. |
| 04/15/2026 | Vesting date for 5,997 Restricted Stock Units. |
| 04/15/2027 | Vesting date for 15,611 Restricted Stock Units. |
| 04/14/2028 | Vesting date for 12,187 Restricted Stock Units. |
Keywords
Form 4, Corning Inc., Restricted Stock Units, RSU, Insider Trading, Beneficial Ownership, Securities Exchange Act, Kammerud, GLW
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