SKAGGS STEPHEN A 4
Research Summary
AI-generated summary
Coherent (COHR) Director Stephen A. Skaggs Receives Restricted Stock Award
What Happened
Stephen A. Skaggs, a director of Coherent Corp. (COHR), was granted 279 restricted stock units (reported as an acquisition) on February 11, 2026. The Form 4 lists the acquisition price as $0.00 (meaning no cash was paid); the filing reports the grant amount as 279 shares (RSUs) and a total reported value of $0.
Key Details
- Transaction date and price: 2026-02-11; 279 RSUs at $0.00 per share (grant).
- Shares owned after transaction: Not disclosed in the Form 4 provided.
- Footnote: The RSUs will vest on the day immediately prior to the issuer’s next annual meeting (expected November 11, 2026), subject to Skaggs’ continued service through that date.
- Filing timeliness: Reported period 2026-02-11, Form 4 filed 2026-02-12 — appears to be filed promptly.
Context
This was an equity compensation grant (RSUs), not an open-market purchase or sale. The $0.00 price reflects that the shares were granted as compensation rather than bought; the economic value to the insider depends on Coherent’s stock price at vesting. Grants to directors are routine compensation and do not by themselves indicate the director’s near-term trading intentions.