Form 4: Coherent EVP's Stock Withholding for RSU Vesting
Insider Transaction Report
Coherent Corp.'s EVP, Legal, Robert P. Beard, reported a disposition of 5,618 common shares for tax obligations related to a restricted stock unit vesting.
Summary
- Robert P. Beard, Executive Vice President, Legal, at Coherent Corp. (COHR), reported a transaction on October 21, 2025.
- The transaction involved the disposition of 5,618 shares of Common Stock at a price of $120.2 per share.
- These shares were withheld by the company to cover tax obligations associated with the vesting of a restricted stock unit (RSU) award.
- The RSU award was originally granted to Mr. Beard on October 21, 2024.
- On October 21, 2025, 13,029 shares from the RSU award vested, representing the first of three equal annual installments.
- Following this transaction, Mr. Beard beneficially owns 48,208 shares of Common Stock directly.
- A total of 26,059 shares from the original RSU award remain to vest in future installments.
Sentiment
Score: 7
Explanation: The sentiment is moderately positive. While shares were 'disposed of,' it was for tax withholding on vested equity, which is a positive event for the executive as it represents compensation realization. It does not indicate a lack of confidence or a discretionary sale.
Positives
- The vesting of 13,029 restricted stock units represents a realization of compensation for the executive.
- The transaction is a routine tax withholding, not a discretionary sale, indicating the executive is fulfilling tax obligations on earned equity.
Negatives
- The disposition of 5,618 shares, while for tax purposes, reduces the executive's direct beneficial ownership of the company's common stock.
Future Outlook
The remaining 26,059 shares from the original restricted stock unit award are scheduled to vest in future equal annual installments.
Industry Context
This filing details a routine insider transaction related to executive compensation, specifically the vesting of restricted stock units and subsequent tax withholding. Such transactions are common across publicly traded companies as part of their equity compensation plans and do not typically reflect broader industry trends or competitive positioning.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction related to executive compensation. It does not signal a change in company fundamentals or strategy.
- Employees: No direct impact mentioned.
Next Steps
- Future vesting of the remaining 26,059 restricted stock units in two equal annual installments.
Key Dates
| Date | Description |
|---|---|
| 10/21/2024 | Date when the restricted stock unit award was granted to Robert P. Beard. |
| 10/21/2025 | Date of the reported transaction (tax withholding) and the vesting of 13,029 restricted stock units. |
| 10/23/2025 | Date the Form 4 was signed by Christopher M. Forrester, Attorney-in-Fact. |
Keywords
Coherent Corp, COHR, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Tax Withholding, Executive Compensation, Equity Ownership
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