Coherent Corp. (NYSE: COHR) EVP receives share grants, tax withholding
Rhea-AI Filing Summary
Giovanni Barbarossa, EVP, General Management at Coherent Corp., received two common stock grants of 11,562 and 18,315 shares at no cost on August 28, 2025. On the same date, 20,812 shares were withheld at $90.71 per share to cover tax obligations. After these transactions he directly holds 223,864 Coherent shares. A restricted stock unit award described in the filing will vest in three equal annual installments beginning August 28, 2026.
Positive
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Negative
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Insights
TL;DR: Routine executive equity awards and withholding activity; no open-market dispositions announced and no new debt or revenue impacts disclosed.
The Form 4 documents time‑based restricted stock units and a performance share payout for an executive, increasing reported beneficial ownership before tax withholding reduced the share count. These are standard compensation events that signal continued alignment of executive incentives with shareholders but do not represent liquidity events or market sales. There is no new financial performance data or material corporate action disclosed in this filing.
TL;DR: Compensation-related share grants and tax-withholding are governance routine; disclosure complies with Section 16 reporting.
The filing identifies the reporting person as an officer and shows award vesting terms (three annual installments) and conversion of PSUs to shares. The withholding of 20,812 shares to satisfy tax obligations is explicitly noted as not constituting an open‑market transaction, which is important for transparency. No departures, new agreements, or plan amendments are disclosed.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,562 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 18,315 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 20,812 | $90.71 | $1.89M |
Footnotes (3)
- F1. These shares represent a restricted stock unit award granted to the reporting person. The award will vest in three equal annual installments beginning on August 28, 2026.
- F2. Represents shares issued upon payout of Performance Share Units granted in August 2022.
- F3. 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
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