Form 4: Corning SVP Reports Routine Stock Forfeiture, Tax Withholding
Statement of Changes in Beneficial Ownership
Corning Inc. Senior Vice President Jordana Daryl Kammerud reported the forfeiture of restricted stock and shares withheld for tax obligations.
Summary
- Jordana Daryl Kammerud, SVP of Corning Inc. (GLW), reported changes in beneficial ownership.
- On January 15, 2026, 12,136 shares of common stock were forfeited pursuant to an agreement dated July 10, 2023.
- Additionally, 4,666 shares of common stock were withheld on January 15, 2026, to satisfy tax withholding obligations upon the vesting of restricted stock, at a price of $93.49 per share.
- Following these transactions, Kammerud beneficially owns 32,772 shares of common stock directly.
Sentiment
Score: 5
Explanation: The filing is a routine compliance document detailing expected changes in beneficial ownership due to restricted stock forfeiture and tax withholding, indicating a neutral sentiment.
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This is a routine insider transaction filing (Form 4) and does not provide information relevant to broader industry trends or competitive landscape.
Stakeholder Impact
- Shareholders: Minimal impact as this is a routine insider transaction related to executive compensation and compliance.
Key Dates
| Date | Description |
|---|---|
| 07/10/2023 | Date of agreement for restricted stock forfeiture. |
| 01/15/2026 | Transaction date for forfeiture of restricted stock and shares withheld for tax obligations. |
| 01/20/2026 | Signature date of the reporting person's power of attorney. |
Keywords
Corning Inc, GLW, SEC Form 4, Insider Transaction, Beneficial Ownership, Restricted Stock, Stock Forfeiture, Tax Withholding, Jordana Daryl Kammerud
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