Coherent (COHR) CEO covers RSU tax bill with 25,836 withheld shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Coherent Corp. CEO James Robert Anderson reported a tax-related share disposition tied to a restricted stock unit (RSU) vesting. On June 3, 2026, 25,836 shares of common stock were withheld at $426.89 per share to satisfy withholding tax obligations.
The withheld shares relate to a 147,214-share RSU award granted on June 3, 2024, which vests in three equal installments beginning on June 3, 2025. After this tax-withholding event, Anderson directly holds 166,438 Coherent shares. The footnotes clarify this is not an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ANDERSON JAMES ROBERT
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 25,836 | $426.89 | $11.03M |
Holdings After Transaction:
Common Stock — 166,438 shares (Direct, null)
Footnotes (1)
- Withheld shares are in connection with the vesting of a restricted stock unit award of 147,214 shares granted to the reporting person on June 3, 2024. The award vests in three equal installments beginning on June 3, 2025. 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
Shares withheld for taxes: 25,836 shares
Withholding price per share: $426.89 per share
Shares held after transaction: 166,438 shares
+2 more
5 metrics
Shares withheld for taxes
25,836 shares
Tax-withholding disposition on June 3, 2026
Withholding price per share
$426.89 per share
Value used for withholding shares
Shares held after transaction
166,438 shares
Direct holdings following tax-withholding event
RSU award size
147,214 shares
Restricted stock unit award granted June 3, 2024
RSU vesting schedule
Three equal installments
Beginning on June 3, 2025
Key Terms
restricted stock unit award, withholding tax obligations, open market transaction, tax-withholding disposition
4 terms
restricted stock unit award financial
"Withheld shares are in connection with the vesting of a restricted stock unit award of 147,214 shares"
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
withholding tax obligations financial
"These shares were withheld by the company to discharge withholding tax obligations of the reporting person"
open market transaction financial
"do not constitute an actual sale or other open market transaction"
An open market transaction is a buy or sell of publicly traded securities executed on an exchange or other public trading venue where many buyers and sellers can participate. It matters to investors because these trades change the visible supply and demand for a stock—like shoppers moving prices in a busy marketplace—affecting share price, liquidity (how easily you can trade), and sometimes the balance of ownership.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did Coherent (COHR) disclose for CEO James Robert Anderson?
Coherent reported that CEO James Robert Anderson had 25,836 common shares withheld to cover taxes on vested restricted stock units. This was a tax-withholding disposition, not an open-market sale, and left him holding 166,438 shares directly after the transaction.
What does transaction code F mean in Coherent (COHR) CEO’s Form 4?
Transaction code F indicates a disposition of shares to pay an exercise price or taxes. Here it reflects shares withheld by Coherent to cover the CEO’s RSU-related withholding tax, which the footnotes clarify is not an actual sale in the open market.