Form 4: Corning Inc. Executive Michael Alan Bell Reports Stock Transactions
SEC Form 4 Filing
Senior VP & GM, Optical Communications, Michael Alan Bell, reports acquisition and disposal of Corning Inc. stock and restricted stock units.
Summary
- Michael Alan Bell, a Senior VP & GM at Corning Inc., filed a Form 4 detailing changes in beneficial ownership of company stock.
- On December 31, 2024, Bell acquired 1,651 shares of common stock and disposed of 726 shares at $47.52.
- Bell also disposed of 1,651 restricted stock units (RSUs) on the same date.
- Following these transactions, Bell directly owns 925 shares of common stock and indirectly owns 728.4587 shares through a unitized stock fund in the company's 401(k) plan.
- Bell also holds multiple tranches of restricted stock units vesting on April 15 of 2025, 2026 and 2027.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is standard practice for publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of stock and RSU transactions |
| 04/15/2025 | Vesting date for 13,700 Restricted Stock Units |
| 04/15/2026 | Vesting date for 14,203 Restricted Stock Units |
| 04/15/2027 | Vesting date for 16,070 Restricted Stock Units |
| 01/02/2025 | 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.