Form 4: Coherent Corp. Director Dreyer Receives Restricted Stock Award

Director Michael L. Dreyer of Coherent Corp. was granted a restricted stock award of 2,831 shares on August 29, 2024, which will vest on August 28, 2025.

Summary

• On August 29, 2024, Michael L. Dreyer, a director of Coherent Corp., acquired 2,831 shares of common stock through a restricted stock award.
• The shares were granted at a price of $0.
• Following the transaction, Dreyer beneficially owns 21,383 shares of Coherent Corp.
• The restricted stock award will vest on August 28, 2025.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects a standard executive compensation practice, aligning management interests with shareholders through equity.

Positives

• The grant of restricted stock aligns the director's interests with those of the shareholders, incentivizing long-term value creation.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This is a routine disclosure related to executive compensation and is common in publicly traded companies. It reflects standard practice for aligning management's interests with shareholder value through equity-based compensation.

Stakeholder Impact

• The restricted stock award aligns the director's interests with those of the shareholders.

Key Dates