Coherent legal chief granted 5,373 stock units
Rhea-AI Filing Summary
COHERENT CORP. (COHR) reported that Chief Strategy & Legal Officer Robert P. Beard received a grant of 5,373 restricted stock units of common stock on August 28, 2026. One-third of the units will vest on August 28, 2027, with the remaining two-thirds vesting in eight equal quarterly installments beginning November 28, 2027. On the same date, 1,896 shares were withheld by the company at $295.39 per share to discharge his tax obligations, which the company states does not constitute an actual sale or open-market transaction. Beard’s holdings also include 243 shares acquired through Coherent Corp.’s employee stock purchase plan.
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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 3,477 shares
Net Buy
2 txns
Insider
Beard Robert P
Role
Chief Strategy & Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 5,373 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F3 | 1,896 | $295.39 | $560K |
Holdings After Transaction:
Common Stock — 51,928 shares (Direct)
Footnotes (3)
- F1. These shares represent a restricted stock unit award granted to the reporting person. One-third (1/3) of the restricted stock units will vest on August 28, 2027, and the remaining two-thirds (2/3) of the restricted stock units will vest in eight equal quarterly installments beginning on November 28, 2027.
- F2. Includes 243 shares acquired in non-reportable transactions through Coherent Corp.'s employee stock purchase plan.
- F3. These shares were withheld by the company to discharge tax obligations of the reporting person and do not constitute an actual sale or other open market transaction.
Key Figures
Restricted stock units granted: 5,373 shares
First vesting tranche: 1/3 of 5,373 RSUs
Remaining vesting schedule: 2/3 of 5,373 RSUs
+3 more
6 metrics
Restricted stock units granted
5,373 shares
Award of restricted stock units on August 28, 2026
First vesting tranche
1/3 of 5,373 RSUs
Vest on August 28, 2027
Remaining vesting schedule
2/3 of 5,373 RSUs
Vest in eight equal quarterly installments beginning November 28, 2027
Shares withheld for taxes
1,896 shares
Withheld by company on August 28, 2026 to discharge tax obligations
Tax withholding price per share
$295.39 per share
Valuation used for the 1,896 shares withheld for taxes
ESPP shares included
243 shares
Acquired through Coherent Corp.'s employee stock purchase plan
Key Terms
restricted stock unit, employee stock purchase plan, withheld by the company to discharge tax obligations
3 terms
restricted stock unit financial
"These shares represent a restricted stock unit award granted to the reporting"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
employee stock purchase plan financial
"acquired in non-reportable transactions through Coherent Corp.'s employee stock"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
withheld by the company to discharge tax obligations financial
"These shares were withheld by the company to discharge tax obligations"
FAQ
What equity award did COHR grant to Robert P. Beard on August 28, 2026?
Robert P. Beard received a restricted stock unit award of 5,373 shares of Coherent Corp. common stock on August 28, 2026, as reported in the Form 4.
How will Robert P. Beard’s 5,373 COHR restricted stock units vest?
One-third of the 5,373 restricted stock units will vest on August 28, 2027. The remaining two-thirds will vest in eight equal quarterly installments beginning on November 28, 2027.
Does Robert P. Beard’s Form 4 for COHR involve a Rule 10b5-1 trading plan?
No. The filing indicates that the Rule 10b5-1 checkbox is not marked, and the footnotes describe the transactions as awards and tax withholdings rather than trades under a trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.