Coherent (COHR) supply chain chief has 2,181 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
COHERENT CORP. Chief Supply Chain Officer Jeffrey B. Place reported a tax-related share disposition tied to restricted stock vesting. On July 1, 2026, 2,181 shares of common stock were withheld at $394.47 per share to cover withholding taxes and did not involve an open market sale. The withholding arose from the vesting of 6,508 units from a 19,525-share restricted stock unit award granted on July 1, 2025. The remaining 13,017 restricted stock units are scheduled to vest in eight quarterly installments beginning October 1, 2026, subject to continued service, and Place now holds 17,658 shares directly after this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Place Jeffrey B.
Role
Chief Supply Chain Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,181 | $394.47 | $860K |
Holdings After Transaction:
Common Stock — 17,658 shares (Direct, null)
Footnotes (1)
- Withheld shares are in connection with the vesting of a restricted stock unit award of 19,525 shares granted to the reporting person on July 1, 2025. 6,508 units of the restricted stock vested on July 1, 2026, and the remaining 13,017 units will vest in eight quarterly installments beginning October 1, 2026, in each case subject to the reporting person's continued service. 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: 2,181 shares
Withholding price per share: $394.47/share
Shares held after transaction: 17,658 shares
+3 more
6 metrics
Shares withheld for taxes
2,181 shares
Tax-withholding disposition on July 1, 2026
Withholding price per share
$394.47/share
Value used for tax-withholding calculation
Shares held after transaction
17,658 shares
Direct common stock holding after withholding
Original RSU grant
19,525 units
Restricted stock unit award granted July 1, 2025
RSUs vested July 1, 2026
6,508 units
Portion of the RSU award that vested
Remaining RSUs to vest
13,017 units
To vest in eight quarterly installments from October 1, 2026
Key Terms
restricted stock unit, withholding tax obligations, open market transaction, vesting, +1 more
5 terms
restricted stock unit financial
"Withheld shares are in connection with the vesting of a restricted stock unit award of 19,525 shares"
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.
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.
vesting financial
"6,508 units of the restricted stock vested on July 1, 2026"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
quarterly installments financial
"the remaining 13,017 units will vest in eight quarterly installments beginning October 1, 2026"
FAQ
What did COHERENT CORP. (COHR) executive Jeffrey B. Place report in this Form 4?
Jeffrey B. Place reported 2,181 Coherent common shares withheld to cover tax obligations on vested restricted stock units. This was an internal tax-withholding transaction by the company, not an open market sale of shares to outside investors.
How many restricted stock units vested for COHR executive Jeffrey Place on July 1, 2026?
On July 1, 2026, 6,508 restricted stock units vested from a prior 19,525-unit award. These units were granted on July 1, 2025, as part of his compensation and are subject to a multi-year vesting schedule tied to continued service at Coherent.
What future vesting schedule remains for Jeffrey Place’s COHR restricted stock units?
After the July 1, 2026 vesting, 13,017 restricted stock units remain scheduled to vest. They will vest in eight quarterly installments beginning October 1, 2026, provided Jeffrey Place continues his service with Coherent under the award’s terms.