Form 4: Coherent Corp. CEO James Robert Anderson Acquires 500 Shares of Common Stock
SEC Form 4 Filing
Coherent Corp.'s CEO, James Robert Anderson, purchased 500 shares of common stock at a price of $73.37 per share on September 3, 2024.
Summary
- On September 3, 2024, James Robert Anderson, the CEO and President of Coherent Corp., acquired 500 shares of the company's common stock.
- The purchase price was $73.37 per share.
- Following this transaction, Anderson directly owns 147,714 shares of Coherent Corp. common stock.
Sentiment
Score: 6
Explanation: Neutral sentiment. The document simply reports a transaction. The CEO buying shares could be seen as a positive signal, but without more context, it's difficult to assign a strong positive sentiment.
Positives
- The CEO's purchase of company stock may signal confidence in the company's future performance.
Industry Context
This is a standard SEC Form 4 filing, which is required when a company insider (such as a CEO or director) buys or sells shares of their own company. It provides transparency into insider transactions.
Stakeholder Impact
- The purchase of shares by the CEO could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 09/03/2024 | Date of transaction: James Robert Anderson purchased 500 shares of Coherent Corp. common stock. |
| 09/04/2024 | Date of signature: Jeffrey W. Acre, Attorney-in-Fact, signed the Form 4 on behalf of James Robert Anderson. |
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