Coherent officer uses 2,181 shares for tax withholding
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,181 | $394.47 | $860K |
Footnotes (2)
- F1. 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.
- F2. 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 financial
withholding tax obligations financial
open market transaction financial
vesting financial
quarterly installments financial
FAQ
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What did COHERENT CORP. (COHR) executive Jeffrey B. Place report in this Form 4?
How many restricted stock units vested for COHR executive Jeffrey Place on July 1, 2026?
What future vesting schedule remains for Jeffrey Place’s COHR restricted stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.