Corning Director Kevin J. Martin Acquires RSUs via Deferred Compensation Plan
CORNING INC /NY
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Filing Summary
📊 Insider Transaction Report - Corning Inc ($GLW)
Insider: Martin Kevin J (Director) Type: Award / Grant (RSU) Date: 2026-09-30 Shares: 228 @ $153.76 ($35,057.28) Ownership After: 20,462 RSUs (in plan) Direct/Indirect: Direct
Comprehensive Analysis
Executive Summary
On September 30, 2026, Corning Inc ($GLW) Director Kevin J. Martin acquired 228 Restricted Stock Units (RSUs) at a stated price of $153.76 per share, totaling approximately $35,057.28. The acquisition was executed under the Non-Employee Directors' Deferred Compensation Plan.
Transaction Details
- Security: Restricted Stock Unit (derivative security convertible 1-for-1 into Common Stock)
- Transaction Code: 'A' (Grant, award, or other acquisition)
- Shares Acquired: 228 units
- Price Per Share: $153.76
- Total Value: $35,057.28
- Ownership Post-Transaction: Following this transaction, Mr. Martin holds 20,462 RSUs under this specific deferred compensation holding, in addition to 31,506 directly owned Common Stock shares and several other tranches of deferred RSUs (888, 1,544, and 52,853 units).
Significance & Market Context
The transaction represents routine non-employee director compensation deferral rather than open-market buying or selling. Because this award is part of standard board compensation and director equity retainers, it carries low trading significance.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
