Dreyer Michael L 4
Research Summary
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Coherent (COHR) Director Michael L. Dreyer Receives RSU Award
What Happened Michael L. Dreyer, a director of Coherent Corp. (COHR), received a grant of 279 restricted stock units (RSUs) on February 11, 2026. The filing reports the acquisition at $0.00 (code A — award/grant), meaning Dreyer did not pay cash for the award; the RSUs convert to shares if and when they vest.
Key Details
- Transaction date: 2026-02-11; transaction type: Award/Grant (code A); reported acquisition amount: 279 shares at $0.00.
- Vesting: The RSUs are expected to vest on the day immediately prior to the issuer's next annual meeting (expected November 11, 2026), subject to Dreyer’s continued service (see footnote F1).
- Shares owned after transaction: not disclosed in this filing.
- Filing timeliness: Report filed 2026-02-12 for a 2026-02-11 transaction — appears timely.
- No 10b5-1 plan, tax-withholding, sale, or option exercise is indicated in this report.
Context RSU awards are common director compensation and represent a future right to receive shares if vesting conditions are met; they are not an immediate purchase or sale. Because the reported acquisition price is $0.00, the grant reflects compensation rather than a market purchase; tax and actual transfer of shares generally occur at vesting.