Coherent grants inducement RSUs/PSUs to new CFO Sherri R. Luther

COHERENT CORP.

Sherri R. Luther started as CFO and Treasurer on Oct 11, 2024.
Inducement RSUs: 15,902 shares (3-yr vest) and 63,154 (2-yr vest).
Inducement PSUs target 118,583 shares; TSR vs S&P 1500 Electronic Eq. through June 30, 2027.
PSU payout from 0% (below 25th) to 200% (≥75th); capped at 100% if absolute TSR negative.
Vesting includes standard treatment on termination or change in control under severance plan.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Sherri R. Luther

Chief Financial Officer and Treasurer

COHR · COHERENT CORP.

Effective: 2024-10-11
Filed: October 16, 2024, 7:59 PM ET

Coherent Corp. (the “Company”) awarded restricted stock units (“RSUs”) and performance stock units (“PSUs”) to its new Chief Financial Officer and Treasurer, Sherri R. Luther, effective on her start date, October 11, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Sherri R. Luther was appointed as Chief Financial Officer and Treasurer at COHERENT CORP..

Action: appointed
Role: Chief Financial Officer and Treasurer

Exact text from the filing

Coherent Corp. (the “Company”) awarded restricted stock units (“RSUs”) and performance stock units (“PSUs”) to its new Chief Financial Officer and Treasurer, Sherri R. Luther, effective on her start date, October 11, 2024.

View on SEC.gov

COHERENT CORP. filing history →

Source: SEC EDGAR

accession 0001193125-24-238137

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.