October 11, 2025 · Form 4 insider transaction
Luther Sherri R sold 18,558 shares of Coherent, Inc. at $111.10 per share, a transaction worth $2.06M. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 3 days after the transaction.
Withheld shares are in connection with the vesting of a restricted stock unit award of 79,056 shares granted to the reporting person on October 11, 2024, of which 15,902 of the restricted stock units vest in three equal annual installments beginning on October 11, 2025, and 63,154 of the restricted stock units vest in two equal annual installments beginning on October 11, 2025. A total of 36,877 shares vested on October 11, 2025, with 42,179 shares remaining to vest.; 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.