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Coherent grants CEO Anderson USD 50 million performance stock unit award tied to share-price hurdles

PUBT·08/31/2026 12:04:16
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Coherent grants CEO Anderson USD 50 million performance stock unit award tied to share-price hurdles
  • Coherent set special all-PSU awards on Aug. 27, 2026 for senior executives, led by CEO James R. Anderson at USD 50 million.
  • Target values also include CFO Sherri Luther at USD 15 million, CTO Julie Eng at USD 15 million, chief legal officer Rob Beard at USD 15 million.
  • Payout depends on 60-day average stock-price hurdles of USD 454.43 to USD 757.77, earning 50% to 200% of target.
  • Each tranche also requires total shareholder return above the median versus the S&P Composite 1500 electronic equipment components index.
  • Earned PSUs vest at the end of a four-year period, then face a one-year holding requirement; change-in-control triggers interpolation, holding eliminated.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Coherent Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-375462), on August 31, 2026, and is solely responsible for the information contained therein.