Form 4: Coherent Corp. Executive Ilaria Mocciaro Reports Tax-Related Share Withholding
SEC Form 4 Filing
Ilaria Mocciaro, SVP, CAO & Corp. Controller of Coherent Corp., reports the withholding of 687 common stock shares to cover tax obligations.
Summary
- On February 28, 2025, Ilaria Mocciaro, SVP, CAO & Corp. Controller of Coherent Corp., had 687 shares of common stock withheld by the company.
- This withholding was to cover the reporting person's tax obligations.
- Following the transaction, Mocciaro directly owns 22,292 shares of Coherent Corp. common stock.
Sentiment
Score: 7
Explanation: The document is neutral in sentiment as it reports a routine transaction related to tax obligations. It doesn't indicate any positive or negative developments for the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax-related share withholding, a common practice among publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of transaction: 687 shares of common stock withheld for tax obligations. |
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