Lewis A Steverson

Vice Chairman Lewis Steverson divests nearly half his Corning stake in largest sale; mixed timing history on prior exits.

Lewis Steverson, Vice Chairman and Chief Legal and Administrative Officer, sold approximately half his Corning holdings in a single transaction worth over $5.4 million, marking his fourth open-market sale in three years. The stock is trading at its 52-week highs and has rallied sharply over recent months, a backdrop that could explain the timing of this divestiture. His prior three sales at Corning tell a mixed story: one resulted in the stock declining afterward (well-timed), while the other two saw shares rise in the periods following his exits, suggesting inconsistent timing judgment. The company itself remains profitable and revenue-growing, but the divestiture of this scale by a senior officer reduces his personal stake materially and stands out as a significant reduction in executive alignment with shareholder interests.

Vice Chairman Lewis Steverson sold 15,366 GLW shares at $130.22 for $2.0M, reducing stake by 81.6%

Lewis Steverson, Vice Chairman and EVP/CLAO of Corning, executed a substantial open-market sale of 15,366 shares at $130.22 on 2026-02-10, reducing his holdings from 18,827 shares to 3,461 shares—an 81.6% reduction in stake. The $2,000,955.91 transaction was executed near the stock's 52-week high of $132.90, with GLW up 51.2% over the prior 30 days and 61.4% over 90 days. His prior two sales at Corning (2025-10-31 and 2025-07-30) were not well-timed at the 90-day horizon, delivering positive returns of 15.7% and 38.9% respectively, indicating the stock continued to rise after both prior exits. The current transaction's timing relative to near-term performance cannot yet be assessed, but his selling activity stands in contrast to a fundamentals profile of positive annual revenue growth (+4.2%), with the company generating $4.1B quarterly revenue and $430.0M net income.

Vice Chairman Lewis Steverson sold 23,142 shares of GLW at $89.05 for $2,060,765.02; now holds 17,575 shares.

Steverson sold 23,142 shares, reducing his position by 56.8% from 40,717 to 17,575 shares, at $89.05 on 2025-10-31. This represents a discrete open-market transaction near the company's 52-week high of $90.29 (only 3.1% below peak). His prior open-market sale at GLW on 2025-07-30 was followed by a 90-day return of +38.9%, indicating the stock continued to rise after that earlier sale. The current share price of $87.50 is slightly below the transaction price, and the company trades at a 55.03 P/E with $4.1B quarterly revenue and $430.0M net income. Without scheduled trading plan documentation, the timing relative to observable price action and prior outcomes warrants tracking, though a single prior transaction provides limited statistical basis for pattern assessment.

Vice Chairman Lewis A Steverson sells 16,646 shares of GLW at $62.22; holdings drop to 39,759 shares post-sale

Lewis A Steverson, Vice Chairman and Chief Legal and Administrative Officer of Corning Inc, sold 16,646 shares on July 30, 2025, at $62.22 per share for total proceeds of $1,035,774.05. This transaction reduced his holdings by 29.5%, from 56,405 shares to 39,759 shares. The sale occurred at $62.22, which was $1.02 below the current price of $63.24 and aligned with the 52-week high of $63.24, indicating the trade was executed within the upper range of recent price activity. Following a 30-day gain of 20.2% and a 90-day gain of 38.2%, this sale represents a significant reduction in the executive's concentrated position in a company with a P/E of 119.32 and market cap of $54.2B.