Form 4: Corning SVP Sells Shares for Tax Obligation

Corning's Senior Vice President and CDIO, Soumya Seetharam, disposed of 9,838 shares of common stock to cover tax obligations related to restricted stock vesting.

Summary

• Soumya Seetharam, Senior Vice President & CDIO of Corning Inc. (GLW), reported a transaction on December 8, 2025.
• The transaction involved the disposition of 9,838 shares of Corning Common Stock.
• These shares were withheld to satisfy tax withholding obligations upon the vesting of restricted stock.
• The shares were disposed of at a price of $88.27 per share.
• Following this transaction, Soumya Seetharam beneficially owns 33,303 shares of Corning Common Stock directly.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 5

Explanation: The filing is neutral. It reports a routine, non-discretionary transaction (tax withholding upon restricted stock vesting) by an insider, which is a common occurrence and does not reflect a change in sentiment towards the company.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This is a routine insider transaction related to compensation, common across all industries for executives receiving restricted stock as part of their remuneration packages. It does not reflect a discretionary sale based on market sentiment or company performance.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes and not a market-driven sale.

Key Dates

Keywords

Corning Inc, GLW, Insider Transaction, Form 4, Stock Vesting, Tax Withholding, Restricted Stock, Soumya Seetharam, Officer Stock Sale