Form 4: Coherent CEO James Anderson Reports Stock Withholding

Coherent Corp. CEO James Anderson reported the withholding of 25,836 shares to satisfy tax obligations related to RSU vesting.

Summary

• CEO James Robert Anderson had 25,836 shares of Coherent Corp. common stock withheld by the company.
• The transaction occurred on June 3, 2026, at a price of $426.89 per share.
• The withholding was executed to satisfy tax obligations associated with the vesting of a restricted stock unit (RSU) award.
• Following this transaction, the CEO maintains direct beneficial ownership of 166,438 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative event, as it is a mandatory tax-related transaction rather than a strategic divestment.

Positives

• The transaction was a mandatory tax withholding event rather than a discretionary open-market sale, indicating continued executive retention of the remaining equity stake.

Negatives

• The transaction represents a reduction in the total number of shares held by the CEO, albeit for tax purposes.

Risks

• None identified; this is a routine administrative transaction related to compensation vesting.

Future Outlook

No forward-looking guidance provided in this filing.

Management Comments

• The filing notes that the withheld shares were in connection with the vesting of a restricted stock unit award granted on June 3, 2024.

Industry Context

StockSavvy.ai notes that routine tax withholding filings by C-suite executives are standard corporate governance procedures and do not typically signal a change in management sentiment regarding company performance.

Comparison to Industry Standards

• The transaction follows standard SEC reporting requirements for executive equity compensation.
• The use of 'sell-to-cover' or withholding shares for tax obligations is a common practice among S&P 500 companies.

Stakeholder Impact

• Minimal impact on shareholders as the transaction is a standard tax-related administrative process.

Next Steps

• Future vesting of remaining restricted stock units as per the original grant schedule.

Key Dates

Keywords

Coherent Corp, COHR, Insider Trading, Form 4, Executive Compensation, Tax Withholding