Form 4: Corning Inc. Executive Michael Alan Bell Reports Liquidation of GLW Holdings in 401K
SEC Form 4 Filing
Retired Senior VP & GM of Optical Communications, Michael Alan Bell, reports the liquidation of all Corning Inc. (GLW) holdings in his 401K Investment Plan on February 6, 2025.
Summary
- Michael Alan Bell, a retired Senior VP & GM of Optical Communications at Corning Inc., filed a Form 4 on February 10, 2025.
- The form reports a transaction that occurred on February 6, 2025, involving the liquidation of all GLW holdings in Bell's 401K Investment Plan.
- 732.6563 shares of Common Stock were disposed of at a price of $53.65 per share.
- Following the transaction, Bell directly owns 0 shares of Common Stock and indirectly owns shares through a Trustee u/Employee Benefit Plan.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of an executive's personal transaction.
Industry Context
This filing reflects an individual executive's personal investment decisions and may not be indicative of broader trends within Corning Inc. or the telecommunications industry.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it represents a small portion of the overall shares outstanding.
Key Dates
| Date | Description |
|---|---|
| 02/06/2025 | Date of transaction: Liquidation of GLW holdings in the reporting person's 401K Investment Plan. |
| 02/10/2025 | Date of Form 4 filing. |
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.