Form 4: Coherent Director Sells Shares Under 10b5-1 Plan

Stephen A. Skaggs, a director at Coherent Corp., sold 2,000 shares of common stock for $150 per share pursuant to a pre-arranged Rule 10b5-1 trading plan.

Summary

• Stephen A. Skaggs, a director of Coherent Corp. (COHR), reported a sale of common stock.
• On November 20, 2025, Mr. Skaggs disposed of 2,000 shares of Coherent Corp. common stock.
• The shares were sold at a price of $150 per share, totaling $300,000.
• This transaction was executed under a Rule 10b5-1 trading plan, which was adopted by Mr. Skaggs on November 21, 2024.
• Following this sale, Mr. Skaggs beneficially owns 20,108 shares of Coherent Corp. common stock.

Sentiment

Score: 5

Explanation: The sale of shares by a director, while a disposition, was conducted under a pre-arranged Rule 10b5-1 trading plan, which typically indicates a planned liquidity event rather than a reaction to new material non-public information. This makes the sentiment neutral.

Positives

• The sale was conducted under a Rule 10b5-1 trading plan, indicating a pre-scheduled transaction rather than a reaction to immediate company news, which can mitigate negative perceptions of insider selling.

Negatives

• A director sold 2,000 shares of company common stock, reducing their direct ownership.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: A director's sale could be perceived negatively by some shareholders, although the existence of a 10b5-1 plan often mitigates concerns about opportunistic selling.

Key Dates

Recommendation

The filing reports a routine insider sale under a pre-established 10b5-1 plan, which does not typically signal new material information about the company's prospects. This transaction alone does not provide sufficient grounds to alter an investment thesis, thus a 'hold' recommendation is appropriate.

Keywords

Coherent Corp, COHR, Form 4, Insider Trading, Stock Sale, Director, Stephen A. Skaggs, 10b5-1 Plan