Form 4: Coherent Corp. Director Elizabeth Patrick Acquires and Disposes of Shares
SEC Form 4 Filing
Director Elizabeth Patrick reports acquisition of restricted stock units and disposal of common stock in Coherent Corp.
Summary
- On August 29, 2024, Elizabeth Patrick, a director of Coherent Corp., acquired 2,831 shares of common stock through a restricted stock unit award.
- The shares were acquired at a price of $0.
- The restricted stock units will vest on August 28, 2025.
- On the same day, Elizabeth Patrick disposed of 8,373 shares of common stock.
- Following these transactions, Patrick directly owns 8,373 shares of Coherent Corp.
- The transactions were reported on August 30, 2024.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard insider transactions. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a standard SEC Form 4 filing, reporting changes in beneficial ownership by a company insider. Such filings are routine and provide transparency into the trading activities of company directors and officers.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 08/29/2024 | Date of stock acquisition and disposal |
| 08/28/2025 | Vesting date of restricted stock units |
| 08/30/2024 | Date of Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.