Coherent (COHR) Insider Discloses 291 RSU Sale, Recent 10b5-1 Trades
Rhea-AI Filing Summary
Coherent Corp. (COHR) Form 144 notice: An insider proposes to sell 291 restricted stock units of common stock, with an aggregate market value of $26,670.15, through Morgan Stanley Smith Barney on the NYSE, with an approximate sale date of 08/15/2025. The securities were acquired as Restricted Stock Units on 01/31/2024 from the issuer and were paid for on that date.
The filing also discloses recent Rule 10b5-1 sales by the same person: 3,100 shares on 07/17/2025 for $310,000.00 and 5,458 shares on 07/16/2025 for $526,435.56. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information and references reliance on a 10b5-1 trading plan where applicable.
Positive
- Disclosure compliance: Form 144 properly discloses proposed sale details including broker, quantity, value, and acquisition method
- Use of 10b5-1 plan: Recent sales were executed under Rule 10b5-1, indicating pre-arranged trading and potential reduction of insider trading concerns
Negative
- Insider selling activity: Recent 10b5-1 sales of 8,558 shares for $836,435.56 represent insider disposition that some investors may view negatively
- Limited context: The filing does not provide information on the insider's remaining holdings or how these sales relate to ownership percentage
Insights
TL;DR: Insider plans a small sale of 291 RSUs and recently completed larger 10b5-1 sales; disclosure indicates trading under an established plan.
The proposed sale of 291 RSUs valued at $26,670.15 is modest in size relative to typical market-cap considerations and appears to be executed through a broker under normal procedures. Recent 10b5-1 executions on 07/16/2025 and 07/17/2025 totaling 8,558 shares and gross proceeds of $836,435.56 show active disposition under a pre-arranged plan. From a disclosure and compliance perspective the filing meets Rule 144 requirements and includes the required representation about material nonpublic information.
TL;DR: The filing documents routine insider sales and adherence to Rule 10b5-1; no governance red flags in the notice itself.
The Form 144 identifies the nature of acquisition (RSUs) and provides broker, quantity, and value details for the proposed sale, along with recent 10b5-1 sales. The inclusion of the seller's attestation about lack of undisclosed material adverse information and the stated plan adoption/instruction date (where applicable) aligns with best-practice disclosure. The filing does not present governance issues by itself but is a data point investors may consider alongside operational results.