COHR director awarded 2,272 restricted stock units; vesting in one year
Rhea-AI Filing Summary
The reporting person, a director of Coherent Corp. (COHR), was granted 2,272 restricted stock units (RSUs) that were recorded as an acquisition at a $0 price. Those RSUs are scheduled to vest one year after the transaction date, and following the grant the reporting person’s total beneficial ownership in Coherent common stock is 23,655 shares. The filing identifies the award as a standard equity grant to an insider and documents the ownership change and vesting schedule.
Positive
- Director received equity compensation via 2,272 RSUs, aligning interests with shareholders
- Total reported beneficial ownership increased to 23,655 shares, improving insider alignment
Negative
- None.
Insights
TL;DR: Insider received a routine RSU grant of 2,272 shares, modestly increasing reported ownership to 23,655 shares.
The RSU grant appears to be a standard element of director compensation, recorded as an acquisition at no cash cost to the reporting person. The grant will vest after approximately one year, which aligns the director’s economic interest with longer-term shareholder value. The incremental ownership size relative to total outstanding shares is not disclosed in this filing, so the quantitative impact on equity stakes or dilution cannot be assessed from this document alone.
TL;DR: This is a routine director equity award with a one-year vesting condition to align incentives.
The filing documents a restricted stock unit award to a director with a specified vesting date one year out. Such grants are common governance practice to tie board compensation to company performance over time. The form confirms direct beneficial ownership after the grant and provides transparency required under Section 16 reporting rules. The filing does not include plan details, aggregate insider holdings beyond this reporting person, or explicit compensation policy context.