Form 4: Coherent Corp. Director Exercises Stock Options and Sells Shares in Routine Transaction
Insider Transaction Report
Coherent Corp. Director Howard H. Xia reported exercising stock options and subsequently selling an equal number of shares on June 16, 2025, as part of a routine insider transaction.
Summary
- Howard H. Xia, a Director of Coherent Corp. (COHR), reported transactions on June 16, 2025, via a Form 4 filing.
- He exercised options to acquire 1,000 shares of Common Stock at an exercise price of $17.84 per share.
- Immediately following the exercise, he sold 1,000 shares of Common Stock at a price of $80.88 per share.
- The net effect of these transactions on his direct beneficial ownership of common stock was zero, as he acquired and disposed of the same number of shares.
- His total direct beneficial ownership of Common Stock after these transactions is 47,747 shares.
- The exercised option had an exercise price of $17.84 and was set to expire on August 15, 2025.
- The option vested in 5 equal annual installments starting August 15, 2016.
Sentiment
Score: 5
Explanation: The sentiment is neutral as this is a routine insider transaction (exercise and sell-to-cover or liquidity event) and does not inherently signal positive or negative company performance or outlook.
Positives
- Director Howard H. Xia realized a significant gain by exercising options at $17.84 and selling the shares at $80.88, demonstrating the value of the company's equity compensation program.
Negatives
- Director Howard H. Xia sold 1,000 shares of Common Stock, which, while offset by an option exercise, represents a reduction in his direct equity exposure to the company.
Future Outlook
NA
Industry Context
This Form 4 filing details an individual director's equity transactions and does not provide broader industry context or trends.
Stakeholder Impact
- Minimal direct impact on shareholders, as it's a routine insider transaction for personal financial management.
- No direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 2016-08-15 | Start date for the vesting of the exercised option, which vested in 5 equal annual installments. |
| 2025-06-16 | Date of option exercise and subsequent sale of common stock by Director Howard H. Xia. |
| 2025-08-15 | Expiration date of the exercised stock option. |
Keywords
Coherent Corp, COHR, SEC Form 4, Insider Trading, Stock Options, Share Sale, Director Transactions, Beneficial Ownership
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