Form 4: Coherent Corp. Director David L. Motley Acquires Restricted Stock Units

Director David L. Motley acquired 2,831 restricted stock units of Coherent Corp. on August 29, 2024, which will vest on August 28, 2025.

Summary

• On August 29, 2024, David L. Motley, a director of Coherent Corp., acquired 2,831 shares of common stock in the form of restricted stock units.
• The acquisition was a grant of restricted stock units, priced at $0 per share.
• Following the transaction, Motley directly owns 23,646 shares of Coherent Corp. common stock.
• The restricted stock units will vest on August 28, 2025.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices. The acquisition of restricted stock units suggests confidence in the company's future.

Positives

• The acquisition of restricted stock units by a director signals confidence in the company's future performance.

Future Outlook

The vesting of the restricted stock units on August 28, 2025, may incentivize the director to work towards the long-term success of the company.

Industry Context

Acquisitions of restricted stock units by company directors are a common practice to align management's interests with those of shareholders and incentivize long-term value creation.

Stakeholder Impact

• The acquisition of restricted stock units by a director can positively influence shareholder confidence.

Key Dates