Form 4: Corning Inc. Executive Vice President and CFO Edward A. Schlesinger Reports Acquisition of Restricted Stock Units
SEC Filing
Edward A. Schlesinger, Executive Vice President and CFO of Corning Inc., reports the acquisition of 25,362 restricted stock units (RSUs) on April 1, 2025.
Summary
- On April 3, 2025, Edward A. Schlesinger, the Executive Vice President and CFO of Corning Inc., filed a Form 4 with the SEC.
- The filing reports the acquisition of 25,362 restricted stock units (RSUs) on April 1, 2025.
- These RSUs vest 100% on April 14, 2028.
- Schlesinger also directly owns 76,674 shares of Corning Inc. common stock.
- He also holds 15,614 RSUs vesting on April 15, 2025, 19,088 RSUs vesting on April 15, 2026 and 21,888 RSUs vesting on April 15, 2027.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard SEC filing related to executive compensation.
Positives
- The acquisition of RSUs by a high-ranking executive could be interpreted as a positive sign, indicating confidence in the company's future performance.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into the holdings of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of transaction: Acquisition of 25,362 Restricted Stock Units |
| 04/03/2025 | Date of Form 4 filing |
| 04/15/2025 | Vesting date for 15,614 Restricted Stock Units |
| 04/15/2026 | Vesting date for 19,088 Restricted Stock Units |
| 04/15/2027 | Vesting date for 21,888 Restricted Stock Units |
| 04/14/2028 | Vesting date for 25,362 Restricted Stock Units |
Keywords
Form 4, Corning Inc, GLW, Edward A. Schlesinger, Restricted Stock Units, RSUs, Beneficial Ownership, Executive Compensation
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