Large holder to sell 9.4M Coherent (NASDAQ: COHR) shares via Goldman

Rhea-AI Filing Summary

Coherent’s major shareholder BCPE Watson (DE) BML, LP has filed a notice to sell 9,437,238 shares of Coherent common stock. The shares, with an aggregate market value of $2,223,224,528, are to be sold through Goldman Sachs & Co. LLC on the NYSE around 02/09/2026. Coherent had 187,481,852 common shares outstanding. The seller acquired these shares on 12/15/2025 upon conversion of its Series B-2 Convertible Preferred Stock. Over the prior three months, BCPE Watson sold 5,000,000 and 7,500,000 shares for gross proceeds of $947,750,000 and $1,075,275,000, respectively.

Insights

Equity capital markets analyst

Large shareholder plans additional multi-billion-dollar Coherent share sale under Rule 144.

The filing shows BCPE Watson (DE) BML, LP, a significant Coherent shareholder, intends to sell 9,437,238 common shares with an aggregate market value of $2,223,224,528 through Goldman Sachs & Co. LLC on the NYSE. This follows earlier sizable secondary sales.

In the past three months, the same holder sold 5,000,000 and 7,500,000 shares for gross proceeds of $947,750,000 and $1,075,275,000. These are existing-shareholder transactions; the company does not issue new shares here. Actual market impact depends on execution method and broader trading liquidity.

As of the notice, Coherent had 187,481,852 common shares outstanding. The shares to be sold were acquired on 12/15/2025 via conversion of Series B-2 Convertible Preferred Stock. Future company filings may provide additional context on remaining holdings and any further planned sales.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock, no par value	Goldman Sachs & Co. LLC 200 West Street New York City NY 10282	9437238	2223224528	187481852	02/09/2026	NYSE

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock, no par value	12/15/2025	Acquired upon conversion of its Series B-2 Convertible Preferred Stock, which was settled with cash on March 31, 2021.	Issuer			9437238	07/01/2022	Settled with cash on July 1, 2022.

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
BCPE Watson (DE) BML, LP 200 Clarendon Street Boston MA 02116	Common Stock, no par value	12/10/2025	5000000	947750000.00
BCPE Watson (DE) BML, LP 200 Clarendon Street Boston MA 02116	Common Stock, no par value	11/24/2025	7500000	1075275000.00

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many Coherent (COHR) shares does BCPE Watson plan to sell?

BCPE Watson (DE) BML, LP plans to sell 9,437,238 Coherent common shares. The filing lists an aggregate market value of $2,223,224,528 for this block, to be sold through Goldman Sachs & Co. LLC on the NYSE around February 9, 2026.

What is the aggregate market value of the planned Coherent (COHR) share sale?

The planned sale is valued at $2,223,224,528 in aggregate market value. This amount corresponds to 9,437,238 Coherent common shares listed in the notice, to be sold on the NYSE through Goldman Sachs & Co. LLC under Rule 144.

How many Coherent (COHR) shares are outstanding in this Form 144 notice?

The notice states Coherent has 187,481,852 common shares outstanding. This figure provides context for the size of the planned 9,437,238-share sale by BCPE Watson (DE) BML, LP, which is to be executed on the NYSE through Goldman Sachs & Co. LLC.

What recent Coherent (COHR) share sales has BCPE Watson made?

BCPE Watson sold 5,000,000 Coherent shares on 12/10/2025 and 7,500,000 shares on 11/24/2025. These transactions generated gross proceeds of $947,750,000 and $1,075,275,000, respectively, according to the disclosure of securities sold during the past three months.

How did BCPE Watson acquire the Coherent (COHR) shares being sold?

The shares were acquired on 12/15/2025 upon conversion of Series B-2 Convertible Preferred Stock. The filing explains that this preferred stock was originally settled with cash on March 31, 2021, and later settled with cash again on July 1, 2022.

Which broker will handle the planned Coherent (COHR) share sale under Rule 144?

Goldman Sachs & Co. LLC is the broker for the planned sale. The notice lists Goldman Sachs & Co. LLC, located at 200 West Street, New York, NY 10282, as the broker executing the 9,437,238-share Coherent common stock sale on the NYSE.