Form 4: Coherent Corp. President Walter Robert Bashaw II Reports Stock Transaction
SEC Form 4
Walter Robert Bashaw II, President of Coherent Corp., reports the withholding of shares to cover tax obligations.
Summary
- On August 28, 2024, Walter Robert Bashaw II, President of Coherent Corp., had shares withheld by the company to cover withholding tax obligations.
- A total of 10,013 shares of common stock were withheld at a price of $0.
- Following the transaction, Bashaw directly owns 80,712 shares of Coherent Corp. common stock.
- Bashaw also indirectly owns 80 shares through children and 1,400 shares through a spouse.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard reporting of tax-related stock withholding.
Industry Context
This is a routine disclosure related to insider transactions and is a standard practice for company officers.
Key Dates
| Date | Description |
|---|---|
| 08/28/2024 | Date of the reported transaction where shares were withheld for tax obligations. |
| 08/30/2024 | Date of signature by Attorney-in-Fact. |
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