Coherent withholds 5,127 shares from Robert Beard
The restricted stock units vest in three equal annual installments beginning on October 21, 2025.
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Rhea-AI Filing Summary
Coherent Corp. Chief Strategy & Legal Officer Robert P. Beard had 5,127 shares withheld on October 21, 2026, to discharge withholding tax obligations tied to vesting of a 39,088-share restricted stock unit award granted October 21, 2024. The company withheld the shares, and the transaction did not constitute an actual sale or other open-market transaction. Beard's reported direct holdings afterward were 46,301 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 5,127 | $231.80 | $1.19M |
Footnotes (2)
- F1. Withheld shares are in connection with the vesting of a restricted stock unit award of 39,088 shares granted to the reporting person on October 21, 2024. The restricted stock units vest in three equal annual installments beginning on October 21, 2025.
- F2. These shares were withheld by the company to discharge withholding tax obligations of the reporting person and do not constitute an actual sale or other open market transaction.
Key Figures
Key Terms
restricted stock unit award financial
withholding tax obligations financial
vesting financial
FAQ
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When does Robert P. Beard's COHR restricted stock unit award vest?
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