Last updated: 17 April 2024 at 3:50pm EST

Lawrence McRae Net Worth




The estimated Net Worth of Lawrence D Mc Rae is at least $18.4 Million dollars as of 15 April 2024. Mr. Rae owns over 41,305 units of Corning stock worth over $10,736,994 and over the last 20 years he sold GLW stock worth over $2,815,097. In addition, he makes $4,804,690 as Vice Chairman and Corporate Development Officer at Corning.

Mr. McRae GLW stock SEC Form 4 insiders trading

Lawrence has made over 71 trades of the Corning stock since 2005, according to the Form 4 filled with the SEC. Most recently he exercised 41,305 units of GLW stock worth $1,728,614 on 15 April 2024.

The largest trade he's ever made was exercising 124,466 units of Corning stock on 14 April 2023 worth over $5,208,902. On average, Lawrence trades about 14,312 units every 54 days since 2005. As of 15 April 2024 he still owns at least 256,559 units of Corning stock.

You can see the complete history of Mr. Rae stock trades at the bottom of the page.





Lawrence McRae biography

Lawrence D. McRae serves as Vice Chairman and Corporate Development Officer of the Company. Mr. McRae joined Corning in 1985 and has held a broad range of leadership positions in various finance, sales, marketing, and general management across Corning’s businesses. He was appointed vice president Corporate Development in 2000, senior vice president Corporate Development in 2003, senior vice president Strategy and Corporate Development in 2005, and executive vice president Strategy and Corporate Development in 2010. Mr. McRae has served on Corning’s management committee since 2002 and was named vice chairman in 8/2015.

What is the salary of Lawrence McRae?

As the Vice Chairman and Corporate Development Officer of Corning, the total compensation of Lawrence McRae at Corning is $4,804,690. There are 3 executives at Corning getting paid more, with Wendell Weeks having the highest compensation of $14,283,700.



How old is Lawrence McRae?

Lawrence McRae is 61, he's been the Vice Chairman and Corporate Development Officer of Corning since 2015. There are 14 older and 13 younger executives at Corning. The oldest executive at Corning, Inc. is Richard Clark, 74, who is the Lead Independent Director.

What's Lawrence McRae's mailing address?

Lawrence's mailing address filed with the SEC is ONE RIVERFRONT PLAZA, , CORNING, NY, 14831.

Insiders trading at Corning

Over the last 20 years, insiders at Corning have traded over $138,249,348 worth of Corning stock and bought 1,179,165 units worth $15,069,342 . The most active insiders traders include Wendell P Weeks, James B Flaws, and Kirk P Gregg. On average, Corning executives and independent directors trade stock every 7 days with the average trade being worth of $1,653,117. The most recent stock trade was executed by John P Jr Bayne on 27 August 2024, trading 7,774 units of GLW stock currently worth $162,477.



What does Corning do?

about corning incorporated corning (www.corning.com) is one of the world’s leading innovators in materials science. for more than 160 years, corning has applied its unparalleled expertise in specialty glass, ceramics, and optical physics to develop products that have created new industries and transformed people’s lives. corning succeeds through sustained investment in r&d, a unique combination of material and process innovation, and close collaboration with customers to solve tough technology challenges. corning’s businesses and markets are constantly evolving. today, corning’s products enable diverse industries such as consumer electronics, telecommunications, transportation, and life sciences. they include damage-resistant cover glass for smartphones and tablets; precision glass for advanced displays; optical fiber, wireless technologies, and connectivity solutions for high-speed communications networks; trusted products that accelerate drug discovery and manufacturing; and emissio



What does Corning's logo look like?

Corning, Inc. logo

Complete history of Mr. Rae stock trades at Corning

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
15 Apr 2024 Lawrence D Mc Rae
Option 41,305 $31.29 $1,292,433
15 Apr 2024
256,559
21 Mar 2024 Lawrence D Mc Rae
Option 77,464 $27.02 $2,093,077
21 Mar 2024
292,718
7 Feb 2024 Lawrence D Mc Rae
Option 3,675 $31.79 $116,828
7 Feb 2024
216,342
2 Jan 2024 Lawrence D Mc Rae
Option 1,554 $30.49 $47,381
2 Jan 2024
205,676
21 Dec 2023 Lawrence D Mc Rae
Option 18,200 $19.65 $357,630
21 Dec 2023
223,458
20 Nov 2023 Lawrence D Mc Rae
Sale 11,272 $28.17 $317,532
20 Nov 2023
205,258
15 May 2023 Lawrence D Mc Rae
Option 13,123 $31.20 $409,438
15 May 2023
223,231
14 Apr 2023 Lawrence D Mc Rae
Option 124,466 $34.78 $4,328,927
14 Apr 2023
270,724
27 Feb 2023 Lawrence D Mc Rae
Option 41,990 $20.09 $843,579
27 Feb 2023
188,248
8 Feb 2023 Lawrence D Mc Rae
Option 1,195 $35.14 $41,992
8 Feb 2023
147,453
5 Jan 2023 Lawrence D Mc Rae
Option 1,040 $34.39 $35,766
5 Jan 2023
147,298
16 May 2022 Lawrence D Mc Rae
Option 13,123 $35.20 $461,930
16 May 2022
152,959
18 Apr 2022 Lawrence D Mc Rae
Option 17,816 $33.87 $603,428
18 Apr 2022
148,513
2 Feb 2022 Lawrence D Mc Rae
Option 1,613 $42.74 $68,940
2 Feb 2022
174,427
7 Jan 2022 Lawrence D Mc Rae
Option 880 $37.97 $33,414
7 Jan 2022
173,694
11 Aug 2021 Lawrence D Mc Rae
Option 37,537 $21.48 $806,295
11 Aug 2021
210,351
17 May 2021 Lawrence D Mc Rae
Option 13,125 $44.19 $579,994
17 May 2021
179,242
15 Apr 2021 Lawrence D Mc Rae
Option 21,117 $45.90 $969,270
15 Apr 2021
175,962
12 Mar 2021 Lawrence D Mc Rae
Option 66,683 $18.39 $1,226,300
12 Mar 2021
221,528
3 Feb 2021 Lawrence D Mc Rae
Option 1,121 $36.34 $40,737
3 Feb 2021
155,966
7 Jan 2021 Lawrence D Mc Rae
Option 1,608 $36.98 $59,464
7 Jan 2021
156,453
29 Jul 2020 Lawrence D Mc Rae
Option 28,994 $22.36 $648,306
29 Jul 2020
183,839
15 Apr 2020 Lawrence D Mc Rae
Option 19,701 $19.99 $393,823
15 Apr 2020
164,030
2 Jan 2020 Lawrence D Mc Rae
Option 978 $29.99 $29,330
2 Jan 2020
145,307
4 Nov 2019 Lawrence D Mc Rae
Option 29,729 $17.16 $510,150
4 Nov 2019
174,058
15 Apr 2019 Lawrence D Mc Rae
Option 25,503 $34.96 $891,585
15 Apr 2019
156,219
2 Jan 2019 Lawrence D Mc Rae
Option 1,081 $29.88 $32,300
2 Jan 2019
131,797
19 Dec 2018 Lawrence D Mc Rae
Option 20,000 $14.50 $290,000
19 Dec 2018
150,716
20 Sep 2018 Lawrence D Mc Rae
Option 30,667 $18.86 $578,380
20 Sep 2018
161,383
16 Apr 2018 Lawrence D Mc Rae
Option 22,336 $27.49 $614,017
16 Apr 2018
142,415
2 Jan 2018 Lawrence D Mc Rae
Option 1,132 $32.62 $36,926
2 Jan 2018
121,211
21 Dec 2017 Lawrence D Mc Rae
Option 51,676 $13.24 $684,190
21 Dec 2017
171,755
30 Aug 2017 Lawrence D Mc Rae
Option 48,125 $12.99 $625,144
30 Aug 2017
168,204
17 Apr 2017 Lawrence D Mc Rae
Option 22,872 $26.54 $607,023
17 Apr 2017
131,337
16 Feb 2017 Lawrence D Mc Rae
Option 50,000 $24.46 $1,223,000
16 Feb 2017
158,465
16 Feb 2017 Lawrence D Mc Rae
Option 50,000 $24.46 $1,223,000
16 Feb 2017
158,465
3 Jan 2017 Lawrence D Mc Rae
Option 1,424 $24.30 $34,603
3 Jan 2017
114,326
3 Jan 2017 Lawrence D Mc Rae
Option 1,424 $24.30 $34,603
3 Jan 2017
114,326
22 Nov 2016 Lawrence D Mc Rae
Option 32,300 $12.90 $416,670
22 Nov 2016
145,202
28 Jul 2016 Lawrence D Mc Rae
Option 57,333 $20.06 $1,150,100
28 Jul 2016
170,235
18 Apr 2016 Lawrence D Mc Rae
Option 35,739 $20.92 $747,660
18 Apr 2016
130,493
10 Feb 2016 Lawrence D Mc Rae
Option 34,000 $10.25 $348,500
10 Feb 2016
128,754
4 Jan 2016 Lawrence D Mc Rae
Option 1,363 $17.91 $24,411
4 Jan 2016
100,554
17 Feb 2015 Lawrence D Mc Rae
Option 36,484 $24.60 $897,506
17 Feb 2015
114,526
9 Feb 2015 Lawrence D Mc Rae
Option 17,000 $10.05 $170,850
9 Feb 2015
95,042
2 Jan 2015 Lawrence D Mc Rae
Option 1,143 $23.01 $26,300
2 Jan 2015
83,622
11 Aug 2014 Lawrence D Mc Rae
Sale 12,000 $20.17 $242,040
11 Aug 2014
82,479
14 Feb 2014 Lawrence D Mc Rae
Option 21,691 $19.11 $414,515
14 Feb 2014
101,989
2 Jan 2014 Lawrence D Mc Rae
Option 1,770 $17.77 $31,453
2 Jan 2014
46,068
19 Nov 2013 Lawrence D Mc Rae
Option 17,000 $8.67 $147,390
19 Nov 2013
61,298
23 May 2013 Lawrence D Mc Rae
Option 2,967 $15.75 $46,730
23 May 2013
47,265
15 Feb 2013 Lawrence D Mc Rae
Option 20,500 $12.79 $262,195
15 Feb 2013
54,870
31 Aug 2012 Lawrence D Mc Rae
Sale 18,000 $11.94 $214,920
31 Aug 2012
34,370
17 Feb 2012 Lawrence D Mc Rae
Sale 20,000 $13.70 $274,000
17 Feb 2012
52,370
1 Feb 2012 Lawrence D Mc Rae
Option 92,950 $12.90 $1,199,055
1 Feb 2012
107,575
2 Dec 2009 Lawrence D Mc Rae
Option 49,500 $11.32 $560,340
2 Dec 2009
109,819
4 Nov 2009 Lawrence D Mc Rae
Sale 15,000 $14.82 $222,300
4 Nov 2009
60,319
29 Jul 2009 Lawrence D Mc Rae
Sale 17,571 $16.69 $293,260
29 Jul 2009
75,319
5 May 2009 Lawrence D Mc Rae
Option 58,250 $10.95 $637,838
5 May 2009
151,140
12 Feb 2009 Lawrence D Mc Rae
Sale 25,000 $11.17 $279,250
12 Feb 2009
92,890
5 May 2008 Lawrence D Mc Rae
Option 49,584 $9.63 $477,494
5 May 2008
195,517
29 Oct 2007 Lawrence D Mc Rae
Option 25,416 $5.62 $142,838
29 Oct 2007
153,220
30 Jul 2007 Lawrence D Mc Rae
Option 15,000 $3.80 $57,000
30 Jul 2007
142,804
16 May 2007 Lawrence D Mc Rae
Option 15,000 $4.06 $60,900
16 May 2007
142,804
3 May 2007 Lawrence D Mc Rae
Sale 35,000 $24.28 $849,800
3 May 2007
127,804
29 Nov 2006 Lawrence D Mc Rae
Option 40,000 $8.98 $359,200
29 Nov 2006
138,137
14 Aug 2006 Lawrence D Mc Rae
Option 24,000 $9.38 $225,120
14 Aug 2006
122,137
6 Mar 2006 Lawrence D Mc Rae
Sale 4,500 $27.11 $121,995
6 Mar 2006
98,137
16 Feb 2006 Lawrence D Mc Rae
Option 41,750 $21.15 $883,013
16 Feb 2006
144,387
14 Nov 2005 Lawrence D Mc Rae
Option 47,750 $14.84 $708,610
14 Nov 2005
118,887
13 May 2005 Lawrence D Mc Rae
Option 30,866 $7.98 $246,311
13 May 2005
71,137


Corning executives and stock owners

Corning executives and other stock owners filed with the SEC include: