Form 4: Coherent Corp. CEO James Anderson Acquires 500 Shares

Coherent Corp.'s CEO, James Anderson, purchased 500 shares of common stock at $102.72 per share on December 2, 2024.

Summary

• James Anderson, CEO and President of Coherent Corp., acquired 500 shares of the company's common stock on December 2, 2024.
• The purchase price was $102.72 per share.
• Following this transaction, Mr. Anderson directly owns 149,214 shares of Coherent Corp. common stock.

Sentiment

Score: 6

Explanation: The document reflects a routine insider transaction, which is neither particularly positive nor negative. The CEO's purchase could be seen as a slightly positive signal, but it's not a major event.

Positives

• The CEO's purchase of shares may signal confidence in the company's future performance.

Industry Context

This is a routine SEC Form 4 filing, which is common for corporate insiders who trade their company's stock. It is a standard practice for transparency and regulatory compliance.

Comparison to Industry Standards

• Insider trading activity is common across all publicly listed companies.
• The purchase of shares by a CEO is often seen as a positive sign, but it is not uncommon.
• Similar filings are made by executives at companies like Lumentum, II-VI, and Infinera, which are competitors in the photonics and laser technology space.

Stakeholder Impact

• The purchase may have a slightly positive impact on shareholder sentiment.

Key Dates

Keywords

Coherent Corp, James Anderson, stock purchase, insider trading, CEO, COHR, share acquisition