Corning (NYSE: GLW) HR chief receives 2,845 restricted stock units award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gullo Michelle L reported acquisition or exercise transactions in this Form 4 filing.
Corning Incorporated Senior Vice President & CHRO Michelle L. Gullo received a grant of 2,845 restricted stock units (RSUs) on April 1, 2026. Each RSU represents a contingent right to receive one share of Corning common stock.
Following the reported transactions, she directly holds 36,000 shares of common stock and multiple RSU awards covering 4,378, 3,670, and 3,793 underlying shares. The RSUs vest 100% on various dates in 2026, 2027, 2028, and 2029, with certain events such as retirement, death, or disability potentially causing earlier vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Gullo Michelle L
Role
Senior Vice President & CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 2,845 | $0.00 | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 2,845 shares (Direct);
Common Stock — 36,000 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock. The restricted stock units (RSUs) vest 100% on April 15, 2027. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date. The restricted stock units (RSUs) vest 100% on April 14, 2028. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date. The restricted stock units (RSUs) vest 100% on April 15, 2026. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date. The restricted stock units (RSUs) vest 100% on April 16, 2029. Events such as retirement, death, disability, and others specified in the agreement may result in vesting prior to the vesting date.
Key Figures
RSUs granted: 2,845 units
Common stock held: 36,000 shares
RSU block: 4,378 underlying shares
+4 more
7 metrics
RSUs granted
2,845 units
Grant to Michelle L. Gullo on April 1, 2026
Common stock held
36,000 shares
Direct holdings after reported transactions
RSU block
4,378 underlying shares
Direct RSU position in derivative summary
RSU block
3,670 underlying shares
Direct RSU position in derivative summary
RSU block
3,793 underlying shares
Direct RSU position in derivative summary
Vesting date
April 15, 2026
100% vesting date for one RSU award
Later vesting date
April 16, 2029
100% vesting date for one RSU award
Key Terms
Restricted Stock Unit, contingent right, vest 100%, disability, +1 more
5 terms
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
contingent right financial
"represents a contingent right to receive one share of Corning Incorporated common stock"
vest 100% financial
"The restricted stock units (RSUs) vest 100% on April 15, 2026"
disability financial
"Events such as retirement, death, disability, and others specified in the agreement"
FAQ
What insider transaction did Corning (GLW) report for Michelle L. Gullo?
Corning reported that Senior Vice President & CHRO Michelle L. Gullo received a grant of 2,845 restricted stock units on April 1, 2026. These RSUs are part of her equity-based compensation and convert into Corning common shares upon vesting.
How many restricted stock units did Michelle L. Gullo receive from Corning (GLW)?
Michelle L. Gullo received 2,845 restricted stock units. Each unit represents a contingent right to one share of Corning common stock, providing equity-based compensation that aligns her interests with shareholders through future share delivery instead of an immediate cash payment.
What are Michelle L. Gullo’s Corning (GLW) stock holdings after this Form 4?
After the reported transactions, Michelle L. Gullo directly holds 36,000 shares of Corning common stock. She also has several RSU awards outstanding, tied to 4,378, 3,670, and 3,793 underlying shares that may convert into stock once vesting conditions are satisfied.
When do Michelle L. Gullo’s Corning (GLW) restricted stock units vest?
The restricted stock units vest 100% on April 15, 2026, April 15, 2027, April 14, 2028, and April 16, 2029. The agreements state that events like retirement, death, or disability can cause some or all of the RSUs to vest earlier than these scheduled dates.
What does each restricted stock unit represent in Corning (GLW)’s grant to Michelle L. Gullo?
Each restricted stock unit represents a contingent right to receive one share of Corning Incorporated common stock. The units do not deliver shares immediately; instead, shares are issued when the RSUs vest according to the terms of the award agreements.
Are there special conditions that may accelerate vesting of Corning (GLW) RSUs?
Yes. The footnotes state that events such as retirement, death, disability, and other situations specified in the RSU agreements may cause vesting before the scheduled vesting dates. This provides protection in certain life or employment events for the award holder.