COHR.NYSECoherent CORP

Form 4: Coherent Corp. Director Digirolomo Acquires Shares Through Restricted Stock Unit Award

Sentiment:

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

DateDescription
08/29/2024Date of transaction: Enrico Digirolomo acquired 2,831 shares of Coherent Corp. common stock.
08/28/2025Vesting date of the restricted stock unit award.
08/30/2024Date of signature for the Form 4 filing.

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