leadership
confidence high
sentiment neutral
materiality 0.20
Coherent amends CFO inducement PSUs to align performance period with fiscal year start
COHERENT CORP.
- Performance period for inducement PSUs granted to CFO Sherri R. Luther changed to July 1, 2024 – June 30, 2027.
- Change aligns award with fiscal year 2025 PSUs granted to other executive officers in August 2024.
- All other terms of inducement PSUs remain unchanged as previously reported on Oct 11/16, 2024.
- PSUs earned based on cumulative TSR vs S&P Composite 1500 – Electronic Equipment, Instruments & Components.