4Accepted Sep 1, 9:05 PM ET
Coherent (COHR) Chief Strategy & Legal Officer Receives RSU Award
Accepted (ET)
9:05 PM
Sep 1, 2026
Filed
Sep 1, 2026
Documents
1
Size
6.9 KB
Summary
Coherent (COHR) Chief Strategy & Legal Officer Receives RSU Award
What Happened
- Robert P. Beard, Chief Strategy & Legal Officer of Coherent (COHR), was granted 5,373 restricted stock units (RSUs) on August 28, 2026 (award value recorded at $0 on grant). To satisfy tax withholding on the award, 1,896 shares were withheld/disposed at $295.39 per share, totaling approximately $560,059. The grant is an award (code A) and the share withholding for taxes is reported under code F.
Key Details
- Transaction date: August 28, 2026. Filing date: September 1, 2026 (filed within the standard two-business-day window).
- Grant: 5,373 RSUs @ $0.00 (acquired through award).
- Tax withholding: 1,896 shares withheld @ $295.39 = $560,059 (these were withheld by the company to cover tax obligations and are not an open-market sale).
- Vesting schedule (footnote): 1/3 vests on Aug 28, 2027; remaining 2/3 vest in eight equal quarterly installments beginning Nov 28, 2027.
- Filing notes 243 shares were acquired in non‑reportable transactions through Coherent’s employee stock purchase plan (ESPP).
- Shares owned after the transaction: not disclosed in this Form 4.
Context
- This filing reflects an RSU grant (compensation), not a purchase or market sale; the withholding is a common cashless method to cover taxes and should not be interpreted as an open-market sale signal. RSU vesting is time-based per the schedule above, so the economic benefit depends on future vesting and stock price.