Coherent Corp. insider sale: 2,000 shares disposed via 10b5-1 plan
Rhea-AI Filing Summary
Stephen A. Skaggs, a director of Coherent Corp. (COHR), sold 2,000 shares of Common Stock on 08/13/2025 at $122.23 per share under a pre-established Rule 10b5-1 trading plan adopted on November 21, 2024. After the sale, the reporting person beneficially owned 23,836 shares, held directly. The Form 4 was filed as a single reporting person disclosure and includes a Power of Attorney signature by Christopher M. Forrester dated 08/14/2025. The filing records the sale code S and explicitly states the transaction was effected pursuant to the 10b5-1 plan; no other transactions or derivatives are reported.
Positive
- Sale executed under a Rule 10b5-1 plan, indicating a pre-established, compliant trading arrangement
- Form 4 filed promptly with Power of Attorney signature, showing procedural compliance
Negative
- Insider disposed of 2,000 shares, which may be perceived negatively by some investors despite the 10b5-1 plan
Insights
TL;DR Insider sale of 2,000 shares executed under a 10b5-1 plan reduces direct holdings to 23,836 shares; procedural disclosure appears complete.
The sale recorded on 08/13/2025 is explicitly tied to a Rule 10b5-1 plan adopted on November 21, 2024, which mitigates concerns about opportunistic timing. The director remains a holder with 23,836 shares, and the Form 4 was filed by one reporting person with a Power of Attorney signature. From a governance perspective, use of a pre-established plan and timely Form 4 filing align with standard compliance practices. The filing contains no derivatives or other transactions to suggest broader portfolio changes.
TL;DR Director executed a routine, pre-planned sale of 2,000 COHR shares; transaction size is small relative to typical institutional holdings.
The reported disposition used transaction code S at a price of $122.23, leaving the reporting person with 23,836 shares. The explicit mention of a 10b5-1 plan indicates the sale was prearranged rather than opportunistic. No information on total outstanding shares or percentage ownership is provided, so the market impact or change in insider alignment cannot be quantified from this filing alone.