Form 4: Corning Inc. Executive Soumya Seetharam Reports Stock Transactions
SEC Form 4 Filing
Soumya Seetharam, a Senior Vice President & CDIO at Corning Inc., reported the disposition of common stock and derivative securities.
Summary
- On February 10, 2025, Soumya Seetharam, a Senior Vice President & CDIO of Corning Inc., filed a Form 4.
- The report details the disposition of 551 shares of common stock at a price of $53.05 per share.
- Seetharam also acquired 2,260 shares of common stock through the vesting of restricted stock units (RSUs).
- Following these transactions, Seetharam directly owns 45,818 shares of Corning Inc. common stock.
- Seetharam also holds 13,734 RSUs vesting on April 15, 2026, and 14,692 RSUs vesting on April 15, 2027.
- Additionally, Seetharam holds 4,521 RSUs that vest in installments from February 8, 2024, until fully vested on February 8, 2026.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions, and does not inherently convey positive or negative sentiment.
Future Outlook
The document does not contain any specific forward-looking statements regarding the company's future performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common practice among publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The reported transactions may be of interest to shareholders as they provide insight into the actions of company leadership.
Key Dates
| Date | Description |
|---|---|
| 02/08/2023 | Date of grant for 4,521 RSUs which vest in installments. |
| 02/08/2024 | First vesting date for RSUs granted on February 8, 2023. |
| 02/10/2025 | Date of the reported transactions (stock disposition and RSU vesting). |
| 02/12/2025 | Date of signature by Power of Attorney. |
| 04/15/2026 | Vesting date for 13,734 RSUs. |
| 04/15/2027 | Vesting date for 14,692 RSUs. |
Keywords
Form 4, Corning Inc., Stock Transaction, Soumya Seetharam, Restricted Stock Units, GLW
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