Form 4: Coherent Corp. Executive Ilaria Mocciaro Receives Restricted Stock Units

Ilaria Mocciaro, SVP, CAO & Corp. Controller at Coherent Corp., was granted 7,647 restricted stock units.

Summary

• Ilaria Mocciaro, a Senior Vice President, Chief Accounting Officer, and Corporate Controller at Coherent Corp., received 7,647 restricted stock units.
• The grant was awarded on November 28, 2024.
• The restricted stock units will vest in three equal annual installments, starting on November 28, 2025.

Sentiment

Score: 7

Explanation: The document reflects a routine executive compensation event, which is generally positive for aligning management with shareholder interests. It is not a major event, but it is a positive indicator of management retention.

Positives

• The grant of restricted stock units aligns the executive's interests with the long-term performance of the company.
• The vesting schedule encourages continued service and contribution from the executive.

Future Outlook

The restricted stock units will vest over the next three years, incentivizing the executive's continued performance.

Industry Context

This type of stock grant is a common practice for publicly traded companies to incentivize and retain key executives.

Comparison to Industry Standards

• Restricted stock unit grants are a standard form of compensation for executives in publicly traded companies, similar to practices at companies like Lumentum, II-VI, and Infinera.
• The vesting schedule of three years is also typical, aligning with long-term performance goals.

Stakeholder Impact

• Shareholders may view this as a positive sign of management's commitment to the company.
• Employees may see this as a standard practice for executive compensation.

Key Dates

Keywords

restricted stock units, stock grant, executive compensation, insider transaction, Coherent Corp, COHR, Ilaria Mocciaro