Corning (NYSE: GLW) SVP Verkleeren sells 10,000 shares at $207.77 average
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Corning Inc. senior vice president Ronald L. Verkleeren sold 10,000 shares of common stock in an open-market transaction. The weighted average sale price was $207.7708 per share, with individual trades between $207.50 and $207.95. After the sale, he directly holds 48,143 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,000 shares ($2,077,708)
Net Sell
1 txn
Insider
Verkleeren Ronald L
Role
SVP Emerging Innovations Group
Sold
10,000 shs ($2.08M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,000 | $207.7708 | $2.08M |
Holdings After Transaction:
Common Stock — 48,143 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 10,000 shares
Weighted average sale price: $207.7708 per share
Price range: $207.50–$207.95 per share
+2 more
5 metrics
Shares sold
10,000 shares
Open-market sale on May 13, 2026
Weighted average sale price
$207.7708 per share
Common stock sale
Price range
$207.50–$207.95 per share
Multiple transactions within the sale
Shares held after sale
48,143 shares
Direct ownership following transaction
Net shares sold
10,000 shares
Net-sell direction from transaction summary
Key Terms
open-market sale, weighted average price, multiple transactions, Form 4
4 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
multiple transactions financial
"These shares were sold in multiple transactions at prices ranging"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Corning (GLW) report for Ronald L. Verkleeren?
Corning reported that senior vice president Ronald L. Verkleeren executed an open-market sale of 10,000 shares of common stock. The transaction is disclosed on a Form 4, which details insider trades required under SEC rules for company officers and directors.
Was the Corning (GLW) insider sale done in a single trade or multiple trades?
The sale was completed through multiple transactions rather than a single trade. The filing notes that the 10,000 shares were sold at various prices between $207.50 and $207.95, with the reported figure representing a weighted average sale price.
What does weighted average price mean in the Corning (GLW) Form 4 filing?
Weighted average price reflects the average sale price of all shares in the transaction group, adjusted for the number of shares at each price. In this case, 10,000 shares were sold in multiple trades, producing a weighted average of $207.7708 per share.