Coherent Corp. Chief Strategy & Legal Officer Sells $154.6K in Common Stock
COHERENT CORP.
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Filing Summary
COHERENT CORP. ($COHR) Form 4 Filing Summary • Insider: Robert P. Beard (Chief Strategy & Legal Officer) • Transaction: Sale of 500 shares at $309.32 per share ($154,660.30 total value) • Date: 2026-09-09 • Remaining Position: 51,428 shares (Direct) • Significance: Low (~0.96% reduction in holding)
Comprehensive Analysis
Insider Transaction Overview
On September 9, 2026, Robert P. Beard, Chief Strategy & Legal Officer of COHERENT CORP. ($COHR), sold 500 shares of Common Stock at an average price of $309.3206 per share, totaling approximately $154,660.30.
Transaction Details
- Security: Common Stock
- Transaction Code: S (Open market or private sale)
- Shares Sold: 500 shares
- Execution Price: $309.3206
- Total Consideration: $154,660.30
- Direct Shares Retained: 51,428 shares
- Rule 10b5-1 Indicator: No
Significance & Market Impact
The transaction is categorized as Low Significance. The sale represents less than 1% (~0.96%) of Mr. Beard's total direct equity holding in the company, leaving him with a substantial stake of 51,428 shares. Small routine divestments of this magnitude are typical for liquidity or tax purposes and do not indicate a significant directional shift in insider sentiment.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
