Coherent amends CFO Sherri Luther's inducement PSU performance period to start July 1, 2024
Coherent Corp. amended and restated the inducement performance stock unit award agreement for its new Chief Financial Officer, Sherri R. Luther, on November 14, 2024. The only change is that the relative total shareholder return performance period now begins July 1, 2024, instead of her start date of October 11, 2024, which the company says aligns the awards with fiscal 2025 PSUs granted to other executives. The filing is an administrative compensation change with no reported financial figures.
Key points
- Amended award covers inducement PSUs granted to CFO Sherri R. Luther, whose start date was October 11, 2024.
- Relative total shareholder return performance period now begins July 1, 2024, the first day of the current fiscal year.
- Other terms remain as described in the Company's Form 8-K filings of October 11 and October 16, 2024.
- Amended and restated award agreement is filed as Exhibit 10.1.
The filing
Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 14, 2024.
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