COHR.NYSECoherent CORP

Form 4: Coherent Corp. CFO Sherri R. Luther Receives Restricted Stock Unit Award

Sentiment:

SEC Form 4 Filing


Sherri R. Luther, CFO of Coherent Corp., reports the acquisition of 79,056 shares of common stock through a restricted stock unit award.

Summary

  • On October 11, 2024, Sherri R. Luther, the Chief Financial Officer of Coherent Corp., acquired 79,056 shares of common stock.
  • The acquisition was a result of a restricted stock unit award.
  • The price of the transaction was $70.55 per share.
  • 15,902 of the restricted stock units will vest in three equal annual installments beginning on October 11, 2025.
  • 63,154 of the restricted stock units will vest in two equal annual installments beginning on October 11, 2025.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a standard disclosure of stock award to a company executive.

Future Outlook

The restricted stock units will vest in installments beginning on October 11, 2025, indicating a future incentive for the CFO.

Industry Context

This is a standard SEC Form 4 filing, indicating a change in beneficial ownership by a company insider. Such filings are common and provide transparency into the trading activities of company executives.

Stakeholder Impact

  • The transaction increases the CFO's stake in the company, aligning her interests with those of shareholders.

Key Dates

DateDescription
10/11/2024Date of transaction: CFO Sherri R. Luther acquired 79,056 shares of common stock through a restricted stock unit award.
10/11/2025First vesting date for 15,902 restricted stock units in three equal annual installments.
10/11/2025First vesting date for 63,154 restricted stock units in two equal annual installments.
10/16/2024Date of signature for the Form 4 filing.

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