Form 4: Corning Inc. Executive VP Jeffrey W. Evenson Sells Shares
SEC Form 4
Jeffrey W. Evenson, Executive VP & Chief Strategy Officer of Corning Inc., sold 12,830 shares of common stock at an average price of $37.3861 on June 5, 2024.
Summary
- On June 5, 2024, Jeffrey W. Evenson, Executive VP & Chief Strategy Officer of Corning Inc., sold 12,830 shares of Corning's common stock.
- The sale was executed at a weighted average price of $37.3861 per share.
- The price range for the multiple transactions was between $37.381 and $37.40, inclusive.
- Following the transaction, Evenson directly owns 57,280 shares of Corning Inc. common stock.
Sentiment
Score: 5
Explanation: Neutral. This is a standard disclosure of an insider stock sale. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a routine Form 4 filing, disclosing an insider transaction. Such filings are common and provide transparency into the trading activities of company executives.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, although it is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 06/05/2024 | Date of stock sale transaction |
| 06/06/2024 | Date of signature for the report |
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