Form 4: Coherent Corp. Director Digirolomo Acquires Shares Through Restricted Stock Unit Award
SEC Form 4 Filing
Director Enrico Digirolomo acquired 2,831 shares of Coherent Corp. common stock through a restricted stock unit award that will vest on August 28, 2025.
Summary
- On August 29, 2024, Enrico Digirolomo, a director of Coherent Corp., acquired 2,831 shares of common stock.
- The acquisition was a result of a restricted stock unit (RSU) award.
- The shares were acquired at a price of $0.
- Following the transaction, Digirolomo beneficially owns 21,637 shares of Coherent Corp.
- The RSU award will vest on August 28, 2025.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Positives
- The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future prospects.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This is a standard disclosure of insider trading activity, which is common in publicly traded companies. It provides transparency into the actions of company insiders.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment, as it indicates a director's investment in the company.
Key Dates
| Date | Description |
|---|---|
| 08/29/2024 | Date of transaction: Enrico Digirolomo acquired 2,831 shares of Coherent Corp. common stock. |
| 08/28/2025 | Vesting date of the restricted stock unit award. |
| 08/30/2024 | Date of signature for the Form 4 filing. |
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