Form 4: Stephen Pagliuca Reports Acquisition of Coherent Corp. Shares Through Restricted Stock Unit Award
SEC Filing Form 4
Director Stephen Pagliuca reports acquiring 2,831 shares of Coherent Corp. common stock through a restricted stock unit award.
Summary
- Stephen G. Pagliuca, a director of Coherent Corp., filed a Form 4 on August 30, 2024, reporting a transaction on August 29, 2024.
- Pagliuca acquired 2,831 shares of Coherent Corp. common stock through a restricted stock unit (RSU) award.
- The shares were acquired at a price of $0.
- Following the transaction, Pagliuca directly owns 16,196 shares of Coherent Corp.
- The RSU award will vest on August 28, 2025.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The acquisition of shares by a director is generally a good sign, but it's a routine transaction.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future prospects.
Future Outlook
The document does not contain any specific forward-looking statements regarding the company's future performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's acquisition of shares, which is generally viewed positively by investors.
Stakeholder Impact
- The acquisition of shares by a director could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 08/29/2024 | Date of transaction: acquisition of shares through restricted stock unit award. |
| 08/30/2024 | Date of Form 4 filing. |
| 08/28/2025 | Vesting date of the restricted stock unit award. |
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