4/A: Coherent Corp. Interim CFO Corrects Stock Transaction Reporting

Richard J. Martucci, Interim CFO & Treasurer of Coherent Corp., files an amendment to a previous Form 4 to accurately reflect stock acquisitions and disposals.

Summary

• Richard J. Martucci, the Interim CFO & Treasurer of Coherent Corp., filed an amended Form 4 on May 10, 2024.
• The amendment corrects an omission in the original filing regarding the acquisition of underlying shares from stock option exercises.
• The original Form 4, filed on the same day, properly reported the exercise of stock options in Table II but failed to include the acquisition of the corresponding shares in Table I.
• The amendment reports the acquisition of 1,400 shares at $17.84, 2,580 shares at $21.67, and 1,800 shares at $35.25.
• Martucci also reported the disposal of 5,780 shares at a weighted average price of $53.6091.
• Following these transactions, Martucci beneficially owns 27,792 shares of Coherent Corp. common stock directly.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing correcting a previous omission. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to insider trading activity, which is common for publicly traded companies. It provides transparency into the transactions of company executives.

Stakeholder Impact

• The correction of the filing ensures accurate information is available to shareholders and the public.

Key Dates