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Coherent director plans $1.63M stock sale

Director Enrico Digirolamo files a Rule 144 notice to sell Coherent Corp. shares following restricted stock vesting and reports additional recent sales.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

COHERENT CORP. (COHR) discloses that director Enrico Digirolamo has filed a notice under Rule 144 to sell 5,315 shares of the company’s common stock through Morgan Stanley Smith Barney LLC. These shares relate to restricted stock vesting under a registered plan on August 28, 2024 for services rendered.

The notice also reports that Digirolamo sold 2,272 shares of Coherent Corp. common stock during the past three months, with an aggregate market value of $628,843.15.

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Shares to be sold under Rule 144 5,315 shares Common stock of Coherent Corp. covered by the current Form 144 notice
Aggregate market value of planned sale $1,626,310.28 Value associated with 5,315 shares of Coherent Corp. common stock
Shares sold during past three months 2,272 shares Common stock of Coherent Corp. reported as sold by Enrico Digirolamo
Aggregate value of past three-month sales $628,843.15 Value of 2,272 Coherent Corp. shares sold during the past three months
Vesting date of restricted stock August 28, 2024 Date tied to restricted stock vesting under a registered plan
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Vesting financial
"Restricted Stock Vesting Under a Registered Plan"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
Aggregate market value financial
"5315 | 1626310.28 | 195832246"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
Services Rendered financial
"5315 | 08/28/2024 | Services Rendered"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing disclose for COHR?

The filing discloses that director Enrico Digirolamo has notified of an intent under Rule 144 to sell 5,315 shares of Coherent Corp. common stock related to restricted stock vesting, and reports a separate sale of 2,272 shares in the past three months.

How many COHR shares does Enrico Digirolamo plan to sell under this Form 144?

The notice states an intent to sell 5,315 shares of Coherent Corp. common stock. These shares are held in connection with restricted stock vesting under a registered plan and are to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services.

What is the aggregate market value of the COHR shares covered by the planned sale?

The filing lists an aggregate market value of $1,626,310.28 for the 5,315 shares of Coherent Corp. common stock covered by the Rule 144 sale notice, based on the information provided in the securities information section.

What COHR shares has Enrico Digirolamo sold in the past three months?

The document reports that Enrico Digirolamo sold 2,272 shares of Coherent Corp. common stock during the past three months, with an aggregate market value of $628,843.15, recorded under the section for securities sold during the past three months.

What is the origin of the COHR shares to be sold under Rule 144?

The shares to be sold are described as restricted stock vesting under a registered plan, with the issuer identified as the source and the nature of acquisition listed as services rendered on August 28, 2024.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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