Coherent CFO Sherri Luther Sells 3,000 Shares Under Pre-Set Trading Plan
Sherri R. Luther, Chief Financial Officer of Coherent (COHR), sold 3,000 shares on August 18, 2026, for a total value of $972,000 under a Rule 10b5-1 trading plan established in November 2025. The transaction was disclosed via an SEC Form 4 filing and does not appear to be indicative of any internal concerns given the pre-scheduled nature of the sale. Following this transaction, Luther retains ownership of 64,475 shares with a post-transaction market value of $19.7 million as of August 18, 2026. The stock was sold at an average price of $324 per share, while the closing price on that day was $306.43 and dropped further to $287.47 by the next trading session. Coherent operates in advanced laser technologies with a market capitalization of $51.7 billion and trailing twelve months (TTM) revenue of $7.1 billion, indicating strong financial performance despite recent stock volatility.
Tickers: $COHR
Topics: Coherent insider trading SEC filing