Coherent officer sells 500 shares at $309.32
Coherent’s Chief Strategy & Legal Officer reported a modest open-market sale of 500 shares and now directly holds 51,428 shares.
Rhea-AI Filing Summary
COHERENT CORP. (COHR) reported that Chief Strategy & Legal Officer Robert P. Beard sold 500 shares of common stock on September 9, 2026 in a sale described as occurring in the open market or through a private transaction at an average price of $309.32 per share. Following this transaction, he directly holds 51,428 shares of Coherent common stock, and no Rule 10b5-1 trading plan is reported for this sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 500 shares
Net Sell
1 txn
Insider
Beard Robert P
Role
Chief Strategy & Legal Officer
Sold
500 shs ($155K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 500 | $309.3206 | $155K |
Holdings After Transaction:
Common Stock — 51,428 shares (Direct)
Key Figures
Shares sold: 500 shares
Sale price per share: $309.32 per share
Shares held after transaction: 51,428 shares
+1 more
4 metrics
Shares sold
500 shares
Common stock sold by Robert P. Beard on September 9, 2026
Sale price per share
$309.32 per share
Average price for the 500 Coherent common shares sold
Shares held after transaction
51,428 shares
Direct holdings of Coherent common stock by Robert P. Beard after the sale
Net shares sold
500 shares
Net change in common stock holdings reported in this Form 4
Key Terms
open market, Rule 10b5-1 trading plan, directly holds
3 terms
open market market
"sale in the open market or through a private transaction at an average price"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
Rule 10b5-1 trading plan regulatory
"no Rule 10b5-1 trading plan is reported for this sale"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
directly holds financial
"he directly holds 51,428 shares of Coherent common stock"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did COHR report for Robert P. Beard?
Coherent reported that Robert P. Beard, Chief Strategy & Legal Officer, sold 500 shares of common stock on September 9, 2026 at an average price of $309.32 per share in an open-market or private transaction.
Was the COHR insider sale by Robert P. Beard under a Rule 10b5-1 trading plan?
No. The filing indicates that no Rule 10b5-1 trading plan is reported in connection with this sale.
What is the net effect of this Form 4 on Robert P. Beard’s COHR holdings?
The Form 4 reflects a net sale of 500 shares, leaving Robert P. Beard with 51,428 directly held shares of Coherent common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.