MOTLEY DAVID L 4
Research Summary
AI-generated summary
Coherent (COHR) Director David L. Motley Receives RSU Award
What Happened
David L. Motley, a director of Coherent Corp. (COHR), received a grant of 279 restricted stock units (RSUs) on February 11, 2026. The RSUs were granted at $0.00 per share (total reported value $0) and are recorded as an award (transaction code A) rather than a purchase or sale.
Key Details
- Transaction date: 2026-02-11; Form 4 filed: 2026-02-12 (filed the next day).
- Grant: 279 RSUs; price reported: $0.00; total cash outlay: $0.
- Shares owned after transaction: not reported in this filing.
- Vesting: The RSUs will vest on the day immediately prior to the issuer’s next annual meeting (expected November 11, 2026), subject to Motley’s continued service through that date (per footnote).
- No 10b5-1 plan, tax withholding, or sale/exercise reported in this filing.
Context
RSUs are a form of compensation that convert to shares only after vesting; they do not require immediate cash payment and are not an immediate buy or sell signal. Grants to directors are common as part of compensation packages and should be viewed as part of pay, not direct market purchases.