Coherent director granted 279 restricted stock units
Coherent Corp. director Stephen A. Skaggs reported receiving 279 shares of common stock as a restricted stock unit award.
Rhea-AI Filing Summary
Coherent Corp. director Stephen A. Skaggs reported receiving 279 shares of common stock as a restricted stock unit award. The grant was recorded at a price of $0 per share as an equity award, not an open-market purchase. Following this award, he beneficially owns 20,387 shares of Coherent common stock in direct ownership. The units are scheduled to vest on the day immediately prior to Coherent’s next annual stockholders’ meeting, expected on November 11, 2026, provided he continues serving the company through that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 279 | $0.00 | $0.00 |
Footnotes (1)
- F1. The shares represent a restricted stock unit award granted to the reporting person. The award will vest on the day immediately prior to the issuer's next annual meeting of the stockholders, which is expected to be November 11, 2026, subject to the reporting person's continued service to the issuer through such date.
FAQ
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What insider transaction did Coherent Corp. (COHR) report for Stephen A. Skaggs?
What are the vesting terms of Stephen A. Skaggs’ restricted stock units at Coherent Corp. (COHR)?
Was the Coherent Corp. (COHR) Form 4 transaction a market purchase or sale?
What role does Stephen A. Skaggs hold at Coherent Corp. (COHR) in this Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.