Form 4: Coherent Corp. Director Howard H. Xia Executes Stock Transactions

Director Howard H. Xia of Coherent Corp. engaged in multiple transactions involving the company's common stock and stock options, including both acquisitions and disposals.

Summary

• Howard H. Xia, a director at Coherent Corp., executed several transactions involving the company's stock.
• On December 3, 2024, Mr. Xia acquired 970 shares of common stock at $17.84 per share through the exercise of stock options and then sold 970 shares at $106 per share.
• On December 4, 2024, Mr. Xia acquired 2,000 shares of common stock at $17.84 per share through the exercise of stock options and then sold 1,000 shares at $109.45 per share and another 1,000 shares at $112 per share.
• Following these transactions, Mr. Xia's direct holdings of Coherent Corp. common stock decreased from 48,717 to 47,747 shares on December 3, 2024, and then increased to 49,747 before decreasing to 47,747 on December 4, 2024.
• Mr. Xia also holds options to purchase 8,000 shares of common stock, with 970 options exercised on December 3, 2024, and 2,000 options exercised on December 4, 2024, leaving 6,000 options remaining.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions by a company director, with no inherent positive or negative sentiment.

Industry Context

This is a routine filing for insider transactions and is common for publicly traded companies. It provides transparency into the trading activities of company directors.

Comparison to Industry Standards

• These transactions are typical for corporate directors who receive stock options as part of their compensation.
• The exercise of options and subsequent sale of shares is a common practice among executives and directors in publicly traded companies.
• The prices at which the shares were sold are reflective of the market price at the time of the transactions.

Stakeholder Impact

• The transactions may have a minor impact on the stock price due to the volume of shares traded by the director.
• The transactions provide transparency to shareholders regarding insider trading activity.

Key Dates

Keywords

stock options, insider trading, common stock, stock transactions, Coherent Corp., Howard H. Xia, director