Form 4: Coherent Corp. Director Sandeep Vij Reports Stock Award and Trust Transactions
SEC Form 4 Filing
Director Sandeep Vij reported the acquisition of restricted stock units and a disposition of common stock held by a family trust.
Summary
- On August 29, 2024, Sandeep Vij, a director of Coherent Corp., reported transactions involving the company's stock.
- Vij acquired 2,831 shares of common stock through a restricted stock unit award.
- The award will vest on August 28, 2025.
- Vij also reported the disposition of 8,792 shares held indirectly through the Vij Family 2001 Trust.
- Following these transactions, Vij directly owns 13,403 shares of Coherent Corp. common stock and indirectly owns shares through the Vij Family 2001 Trust.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, reporting stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 08/29/2024 | Date of stock award and trust transaction |
| 08/28/2025 | Vesting date of the restricted stock unit award |
| 08/30/2024 | Date of signature on the Form 4 filing |
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