Wendell P Weeks

CEO Wendell Weeks sold 100,000 GLW shares for $18.6M at $186.46; retains 908.4K shares plus 49,849 options.

Wendell Weeks, the company's Chairman, CEO and President, sold 100,000 shares (100.0K shares) of Corning for $18,646,070.00 (total value $18.6M) at $186.46 on 2026-06-09, reducing his non-derivative holdings from 1,008,353 to 908,353 shares, a -9.9% reduction in that tranche. The sale occurred when GLW was -17.9% from its 52-week high of $211.79 and has since declined 7.0% over the following 30 days, though the stock is up 32.0% over 90 days from the transaction date. His prior five sales at this ticker have yielded mixed results: two were associated with negative 90-day returns (well-timed sells prior to declines), while three showed positive 90-day returns, indicating inconsistent sell timing historically at this security. The insider retains substantial equity exposure: 908.4K non-derivative shares plus 49,849 stock options, demonstrating continued material ownership and alignment with shareholders despite the sale.

Corning CEO Weeks sells 137,514 shares at $155.37; post-trade holdings fall to 733,891 shares (-15.8%)

WENDELL P WEEKS, Chairman, CEO and President, sold 137,514 shares (137.5K shares) of CORNING INC /NY (GLW) at $155.37 on 2026-02-26 for a total value of $21,365,838.96 ($21.4M), reducing his holdings from 871,405 shares (871.4K shares) to 733,891 shares (733.9K shares). The current price of $150.38 is 6.3% below the 52-week high, and the stock has climbed 44.2% over the last 30 days and 78.6% over the last 90 days. His same-ticker history at GLW shows 2 of 4 prior measurable sales were well-timed at the 90-day mark, while his cross-ticker track record across all open-market activity shows an average 30-day return of -1.8% and average 90-day return of +8.8% following his prior 5 sales, with a 50.00% well-timed rate. The sale occurs against a backdrop of strong company fundamentals: revenue of $4,100,000,000.00 ($4.1B) in the latest quarter, net income of $430,000,000.00 ($430.0M), annual revenue growth of +19.1%, and a market cap of $129,018,236,631.42 ($129.0B), though the P/E of 52.58 reflects an elevated valuation multiple.

Corning CEO Wendell Weeks sold 82,103 shares at $65.19 on 2025-08-07 for $5.4M, reducing stake by 9.2%

Wendell Weeks, Corning's Chairman and CEO, executed a substantial open-market sale of 82,103 shares at $65.19, reducing his holdings from 891,398 to 809,295 shares. The sale occurs as Corning trades at its 52-week high of $65.77, with the stock up 25.1% over the past 30 days and 45.9% over 90 days. Weeks' cross-ticker track record shows a 66.67% well-timed rate on prior sells, though at Corning specifically, his prior three measurable sales yielded mixed results: two of three were well-timed at the 90-day mark (Feb 2025 sales with -8.5% and -8.4% 90d returns), while one was poorly timed (Oct 2024 with +3.0% return). The company's fundamentals show $3.9B quarterly revenue with 4.2% annual growth and a high P/E of 68.51, suggesting elevated valuation. This sale merits monitoring for what it may signal about executive confidence at current price levels, particularly given the stock's sharp recent rally.

Corning CEO Wendell P. Weeks sold 100,000 shares (100.0K) for $5.0M across two days at $50.04–$50.11; stock down 7.4% in 30 days.

Weeks, the company's Chairman and CEO, executed two separate sales totaling 100,000 shares for $5,007,964.07 at a blended average price of $50.08 on 2025-02-27 and 2025-02-28. The 11.6% reduction in his holdings (from 862.8K to 762.8K shares) represents a material single transaction from the chief executive. The timing is notable: the sales occurred at prices near the 52-week high ($54.25), and the stock has since declined 7.4% in 30 days and 11.1% from its 52-week high. His prior trades at GLW (two sells in 2023 and 2024) generated positive average 90-day returns, meaning the stock rose after those sales—a pattern of poorly-timed selling. Fundamentally, Corning is burdened by a negative net income of $-117.0M in the latest quarter, despite 4.2% annual revenue growth, and carries a distorted P/E of 536.11, reflecting minimal current profitability.

Corning CEO Wendell Weeks sells 100,000 shares for $4.8M; stock near 52-week high amid negative fundamentals.

Weeks sold 100,000 shares at $48.36, reducing his holdings by 10.4% to 859,364 shares. The stock is trading near its 52-week high of $49.03 (just 1.4% below), having gained 7.7% in 30 days and 24.2% in 90 days. This sale occurs as Corning reports significant headwinds: net income of $-117,000,000.00 for the latest quarter, annual revenue decline of -11.3%, and a stretched P/E of 268.67. Weeks' cross-ticker track record shows 1 prior sell that was well-timed at the 90-day mark with an average 90-day return of -20.5%, and his prior GLW sale on 2023-07-26 also posted negative returns thereafter. The sale near the 52-week high, combined with deteriorating fundamentals and Weeks' historical pattern of well-timed sells, warrants investor attention to the company's operational trajectory and forward guidance.