Coherent (COHR) Insider Filing: RSU Award, PSU Payout and August Sales
Rhea-AI Filing Summary
Coherent Corp. (COHR) Form 4 — Insider activity by Julie Sheridan, EVP, Engineering. The filing shows multiple equity transactions on August 28–29, 2025. Ms. Sheridan received a 14,453 restricted stock unit (RSU) award that vests in three equal annual installments beginning August 28, 2026, and 4,371 shares issued upon payout of Performance Share Units granted in August 2022. The report also discloses 6,685 shares withheld to satisfy tax withholding on a transaction priced at $90.71. On August 29, 2025, the reporting person sold 5,328, 1,308, 300, and 200 shares at weighted-average prices of $90.36, $91.06, $92.66, and $93.54 respectively, reducing direct beneficial holdings to 53,682 shares.
Positive
- RSU award of 14,453 shares granted to the EVP, indicating continued executive compensation alignment with shareholders
- 4,371 shares issued from Performance Share Units earned from the August 2022 grant, showing performance-based payout
Negative
- Open-market sales totaling 7,136 shares on August 29, 2025, reduced direct holdings to 53,682 shares
- 6,685 shares were withheld to satisfy tax withholding obligations, reducing outstanding shareholdings
Insights
TL;DR: Insider exercised/remitted shares for tax, received RSUs and PSUs, and executed block sales over two days.
The filing documents routine equity compensation events: a material RSU award of 14,453 units vesting over three years and PSUs paid out for 4,371 shares. Share withholding of 6,685 shares to cover taxes is explicitly disclosed and is not an open-market sale. Subsequent open-market sales on August 29 total 6, (sic) 7,136 shares sold at weighted-average prices between $90.36 and $93.54, which reduced direct holdings to 53,682 shares. These transactions are compensation-related and liquidity actions by the reporting officer; they do not by themselves indicate company performance changes because no operational or financial metrics are disclosed in this Form 4.
TL;DR: Transactions align with standard executive compensation mechanics and tax-withholding practices.
The mix of RSU grant, PSU payout, tax-withholding via share retention, and subsequent open-market sales is consistent with exercising compensation-derived holdings and managing tax obligations. The RSU vesting schedule is clearly stated. The filer provides weighted-average sale price ranges and offers to supply granular sale-by-sale data on request, meeting disclosure expectations. No departures from typical governance or reporting norms are evident within the filing.