Form 4: Coherent Director Lisa Neal-Graves Granted RSU Award

Coherent Corp. Director Lisa Neal-Graves received an award of 2,272 restricted stock units, which are set to vest on August 28, 2026.

Summary

• Lisa Neal-Graves, a Director of Coherent Corp. (COHR), acquired 2,272 shares of common stock.
• These shares represent a restricted stock unit (RSU) award.
• The award was granted on August 28, 2025, with a vesting date of August 28, 2026.
• The acquisition price per share was $0, typical for an RSU grant.
• Following this transaction, Ms. Neal-Graves beneficially owns 14,954 shares of Coherent Corp. common stock.

Sentiment

Score: 6

Explanation: Slightly positive as it indicates continued director commitment and alignment with shareholder interests through equity compensation, a standard practice.

Positives

• Increased alignment of Director Lisa Neal-Graves's interests with those of shareholders through additional equity ownership.
• The grant of restricted stock units is a common method of executive and director compensation, signaling ongoing commitment to the company.

Negatives

• The issuance of new shares for RSU awards can lead to minor dilution for existing shareholders, though the amount here (2,272 shares) is negligible relative to the company's total outstanding shares.

Future Outlook

The restricted stock unit award granted to Director Lisa Neal-Graves is scheduled to vest on August 28, 2026, at which point the shares will become fully owned.

Industry Context

The grant of restricted stock units to a director is a standard practice in corporate governance across various industries, including technology and manufacturing, to align the interests of board members with long-term shareholder value. This type of compensation is common for publicly traded companies like Coherent Corp.

Comparison to Industry Standards

• The grant of restricted stock units (RSUs) to non-employee directors is a widely adopted compensation practice among S&P 500 companies, including peers in the materials and photonics sectors such as Lumentum Holdings Inc. (LITE) or other companies of comparable market capitalization and industry focus.
• A $0 acquisition price for RSUs is standard, as these awards represent a right to receive shares upon vesting, typically contingent on continued service.
• The one-year vesting period (August 2025 to August 2026) for director RSU awards is within typical industry ranges, which often vary from immediate vesting to multi-year schedules depending on company policy and specific award terms.

Related Party Transactions

• The grant of restricted stock units to Director Lisa Neal-Graves by Coherent Corp. constitutes a related party transaction, as it involves compensation from the company to a member of its board of directors. This is a standard and disclosed form of compensation.

Stakeholder Impact

• Shareholders: The transaction aligns the director's financial interests with long-term shareholder value. There is minimal dilution from the issuance of new shares for the RSU award.
• Employees: No direct impact on employees is indicated by this filing.
• Customers/Suppliers/Creditors: No direct impact on these stakeholders is indicated.

Next Steps

• The restricted stock units will vest on August 28, 2026.

Key Dates

Keywords

Coherent Corp, COHR, Form 4, Insider Trading, Restricted Stock Units, RSU, Director Compensation, Equity Award, Lisa Neal-Graves