Coherent CTO sells 13,077 shares after stock awards
Rhea-AI Filing Summary
COHERENT CORP. (COHR) reported Form 4 transactions by Chief Technology Officer Julie Sheridan Eng involving equity awards and sales of common stock. On August 28, 2026, she acquired 5,373 shares as a restricted stock unit award and 11,960 shares issued upon payout of Performance Stock Units granted in August 2023; 12,862 shares were withheld by the company at $295.39 per share to satisfy tax withholding obligations. On August 31 and September 1, 2026, she sold 7,047 and 6,030 shares, respectively, at weighted-average prices of $276.83 and $270.69, in transactions effected under a Rule 10b5-1 trading plan adopted on November 21, 2025.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 8,606 shares
Net Sell
5 txns
Insider
Eng Julie Sheridan
Role
Chief Technology Officer
Sold
13,077 shs ($3.58M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F7, F8 | 6,030 | $270.6876 | $1.63M |
| Sale | Common Stock F5, F6 | 7,047 | $276.8319 | $1.95M |
| Grant/Award | Common Stock F1, F2 | 5,373 | $0.00 | $0.00 |
| Grant/Award | Common Stock F3 | 11,960 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F4 | 12,862 | $295.39 | $3.80M |
Holdings After Transaction:
Common Stock — 41,027 shares (Direct)
Footnotes (8)
- F1. These shares represent a restricted stock unit award granted to the reporting person. One-third (1/3) of the restricted stock units will vest on August 28, 2027, and the remaining two-thirds (2/3) of the restricted stock units will vest in eight equal quarterly installments beginning on November 28, 2027.
- F2. Includes 197 shares acquired in non-reportable transactions through Coherent Corp.'s employee stock purchase plan.
- F3. Represents shares issued upon payout of Performance Stock Units granted in August 2023.
- F4. 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.
- F5. The sale transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 21, 2025.
- F6. Represents the weighted average of multiple sale transactions ranging in price from $275.20 to $281.69. The reporting person agrees to provide full information regarding the number of shares sold at each separate price upon request by the SEC staff, the Company or a security holder of the Company.
- F7. The sale transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 21, 2025.
- F8. Represents the weighted average of multiple sale transactions ranging in price from $265.61 to $275.36. The reporting person agrees to provide full information regarding the number of shares sold at each separate price upon request by the SEC staff, the Company or a security holder of the Company.
Key Figures
RSU award shares: 5,373 shares
Performance Stock Units payout shares: 11,960 shares
Shares withheld for taxes: 12,862 shares at $295.39 per share
+5 more
8 metrics
RSU award shares
5,373 shares
Restricted stock unit award granted on August 28, 2026
Performance Stock Units payout shares
11,960 shares
Shares issued upon payout of PSUs granted in August 2023
Shares withheld for taxes
12,862 shares at $295.39 per share
Withheld on August 28, 2026 to discharge withholding tax obligations
Shares sold August 31, 2026
7,047 shares at $276.8319 per share
Open-market or private sale pursuant to Rule 10b5-1 plan
Shares sold September 1, 2026
6,030 shares at $270.6876 per share
Open-market or private sale pursuant to Rule 10b5-1 plan
Tax-withholding transaction shares in summary
12,862 shares
Exercise price or tax liability category in transaction summary
Net buy/sell shares
13,077 shares net-sell
Net buy/sell direction across reported buy/sell transactions
ESPP shares included
197 shares
Acquired through Coherent Corp.'s employee stock purchase plan
Key Terms
restricted stock unit, Performance Stock Units, Rule 10b5-1 trading plan, withholding tax obligations, +1 more
5 terms
restricted stock unit financial
"These shares represent a restricted stock unit award granted to the reporting person"
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.
Performance Stock Units financial
"Represents shares issued upon payout of Performance Stock Units granted in August 2023"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
Rule 10b5-1 trading plan regulatory
"The sale transaction was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
withholding tax obligations financial
"shares were withheld by the company to discharge withholding tax obligations"
weighted average financial
"Represents the weighted average of multiple sale transactions ranging in price"
A weighted average is a way of calculating an overall number when some items matter more than others by giving each item a different level of importance, or weight. Investors use weighted averages to combine figures like prices, returns or earnings so the result reflects the size or significance of each part — like grading a class where a final exam counts more than a quiz, producing a score that better represents true performance.
FAQ
What did COHR Chief Technology Officer Julie Sheridan Eng acquire in this Form 4?
She acquired 5,373 shares as a restricted stock unit award and 11,960 shares issued upon payout of Performance Stock Units granted in August 2023, all on August 28, 2026. These awards were in the form of Coherent Corp. common stock.
How do the newly granted COHR restricted stock units vest?
For the 5,373 restricted stock units granted on August 28, 2026, one-third will vest on August 28, 2027, and the remaining two-thirds will vest in eight equal quarterly installments beginning on November 28, 2027, according to the footnote description.
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