secwatch.observer — SEC 8-K summary
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Issuer:     COHERENT CORP. (COHR)
CIK:        0000820318
Form:       8-K
Filed at:   2026-08-31T12:00:06+00:00
Accession:  0001193125-26-375462
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Coherent grants $100M in performance stock units to CEO and top executives
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- CEO James Anderson receives $50M target PSUs; CFO Sherri Luther, CTO Julie Eng, CSO Rob Beard each $15M; Chief Supply Chain Officer Jeffrey Place $5M.
- PSUs vest only if stock price hits hurdles: $454.43 (10% CAGR), $542.86 (15%), $643.61 (20%), $757.77 (25%) over 60-day average, plus rTSR above 50th percentile.
- No vesting until end of 4-year performance period (Aug 2030) plus 1-year holding period; forfeiture on voluntary termination.
- Company cites CEO's 300%+ TSR since June 2024 and record FY2026 revenue as rationale for retention awards.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/820318/000119312526375462/0001193125-26-375462-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/820318/000119312526375462/d110649d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-375462

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer