Form 4: Corning Inc. Executive VP (Retired) Martin J. Curran Reports Stock Sale

Sentiment:

SEC Form 4 Filing


Retired Executive VP Martin J. Curran reported the sale of 2,431 shares of Corning Inc. common stock on August 13, 2024.

Summary

  • Martin J. Curran, a retired Executive VP of Corning Inc., filed a Form 4 with the SEC on August 15, 2024.
  • The report details a transaction that occurred on August 13, 2024, where Curran sold 2,431 shares of Corning Inc. common stock.
  • The shares were sold at a weighted average price of $39.6005 per share, with individual prices ranging from $39.60 to $39.6005.
  • Following the transaction, Curran directly owns no shares, but indirectly owns 2,500 shares through a trust, 2,500 shares through another trust, and 65,598 shares as a joint tenant with his wife.
  • The filing also indicates that Curran and his spouse serve as trustees of an irrevocable trust that holds some of the shares.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard regulatory filing detailing a stock sale by a retired executive. It doesn't inherently indicate positive or negative sentiment about the company's future.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. This sale by a retired executive is not necessarily indicative of the company's performance or future prospects.

Key Dates

DateDescription
08/13/2024Date of stock sale transaction
08/15/2024Date of Form 4 filing

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