ANDERSON JAMES ROBERT 4
Research Summary
AI-generated summary
Coherent (COHR) CEO James Anderson Withholds 25,836 Shares
What Happened
James Robert Anderson, CEO and a director of Coherent Corp. (COHR), had 25,836 shares withheld on June 3, 2026 to satisfy tax withholding obligations tied to the vesting of restricted stock units. The filing reports the withholding at $426.89 per share, a notional value of $11,029,130. This was a tax-withholding transaction (code F), not an open-market sale.
Key Details
- Transaction date: June 3, 2026; Filing date: June 5, 2026 (Form 4 accession 0000899140-26-000627).
- Shares withheld: 25,836 at $426.89 per share = $11,029,130 (used to cover taxes).
- Transaction code: F (withheld shares to discharge tax liabilities); these withheld shares do not constitute a sale or market transaction.
- Related award: The shares relate to a restricted stock unit award of 147,214 shares granted June 3, 2024 that vests in three equal installments beginning June 3, 2025 (footnote).
- Shares owned after the transaction: Not specified in the information provided in this summary.
Context
- This was a tax-withholding/cashless settlement upon RSU vesting (common practice) rather than a deliberate open-market sale or purchase. Such transactions reflect routine administrative tax treatment of equity compensation and do not, by themselves, indicate insider intent to buy or sell stock.