Form 4: Coherent Corp. Director Sells Shares in Open Market Transactions

Director Elizabeth Patrick sold a total of 5,542 shares of Coherent Corp. common stock in two separate transactions on November 13, 2024.

Summary

• Elizabeth Patrick, a director at Coherent Corp., sold 2,000 shares of common stock at $104 per share on November 13, 2024.
• On the same day, she also sold 3,542 shares of common stock at $105 per share.
• Following these transactions, Ms. Patrick directly owns 2,831 shares of Coherent Corp. common stock.

Sentiment

Score: 5

Explanation: The document is a neutral disclosure of stock sales by a director, which is a routine event. It does not indicate any positive or negative sentiment.

Industry Context

This is a routine disclosure of stock sales by a company director, which is a common occurrence in the corporate world. It does not indicate any specific trend in the industry.

Comparison to Industry Standards

• Director stock sales are a normal part of corporate activity and are regularly disclosed by companies across all industries.
• These transactions are similar to those of other directors at publicly traded companies, such as sales by directors at Lumentum Holdings Inc. or II-VI Incorporated, which are also in the photonics and laser industry.

Stakeholder Impact

• The stock sales by a director may have a minor impact on shareholder sentiment, but it is unlikely to have a significant effect on the company's operations or other stakeholders.

Key Dates

Keywords

Coherent Corp., stock sale, insider trading, director, equity, COHR