Form 4: Corning SVP Disposes Shares for Tax Obligations

Corning's SVP and Chief Technology Officer, Jaymin Amin, disposed of 10,210 shares of common stock at $52.52 per share to cover tax withholding obligations from restricted stock vesting.

Summary

• Jaymin Amin, Senior Vice President and Chief Technology Officer at Corning Inc. (GLW), reported a transaction involving company common stock.
• On July 15, 2025, 10,210 shares of common stock were disposed of.
• The shares were withheld at a price of $52.52 per share to satisfy tax withholding obligations upon the vesting of restricted stock.
• Following this transaction, Jaymin Amin directly beneficially owns 97,220 shares of common stock.
• Additionally, 2,579.5631 units are held indirectly in a unitized stock fund through the issuer's 401(k) retirement plan as of June 30, 2025.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary share disposition for tax purposes, which does not indicate a change in management's confidence or company performance.

Positives

• The transaction is a routine share withholding for tax purposes, not a discretionary sale, indicating no change in management's confidence in the company.

Negatives

• No negative implications as the transaction was for tax withholding, not a discretionary sale indicating lack of confidence.

Future Outlook

NA

Industry Context

NA

Management Changes

Stakeholder Impact

• Shareholders: Minimal impact as this is a standard, non-discretionary transaction related to executive compensation.

Key Dates

Recommendation

Keywords

Corning, GLW, SEC Form 4, insider transaction, stock sale, tax withholding, restricted stock, executive compensation