Form 4: Cognex Corp Director Angelos Papadimitriou Reports Stock Transactions
SEC Form 4
Director Angelos Papadimitriou reports the acquisition and disposal of Cognex Corp common stock and restricted stock units on February 20 and 21, 2025.
Summary
- Angelos Papadimitriou, a director of Cognex Corp, filed a Form 4 detailing changes in beneficial ownership.
- On February 20, 2025, Papadimitriou acquired 6,973 shares of common stock and disposed of 7,989 shares.
- Following these transactions, Papadimitriou directly owns 9,511 shares of common stock.
- On February 21, 2025, Papadimitriou acquired 1,522 shares of common stock.
- Papadimitriou also transacted in restricted stock units, acquiring and disposing of units that convert into common stock.
- The restricted stock units vest over a period of one to three years from their grant dates.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It doesn't necessarily reflect a broader trend in the machine vision or industrial automation industry in which Cognex operates.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a company insider.
Key Dates
| Date | Description |
|---|---|
| 02/21/2023 | Original grant date for restricted stock units vesting approximately 20%, 30%, and 50% on the first, second, and third anniversaries, respectively. |
| 02/20/2024 | Grant date for restricted stock units vesting 100% on the first anniversary. |
| 02/20/2025 | Date of common stock and restricted stock unit transactions. |
| 02/21/2025 | Date of common stock and restricted stock unit transactions. |
| 02/18/2026 | Date of restricted stock unit transactions. |
| 02/21/2026 | Expiration date for restricted stock units vesting approximately 20%, 30%, and 50% on the first, second, and third anniversaries, respectively. |
Keywords
Form 4, Cognex Corp, CGNX, Beneficial Ownership, Stock Transactions, Restricted Stock Units, Director, Papadimitriou
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