Form 4: Cognex Corp Director Anthony Sun Reports Stock Transactions
SEC Form 4
Director Anthony Sun reports multiple transactions involving Cognex Corp common stock and restricted stock units.
Summary
- Anthony Sun, a director at Cognex Corp, filed a Form 4 detailing changes in beneficial ownership.
- The transactions include the vesting of restricted stock units and the acquisition of common stock.
- On February 20, 2025, 6,973 shares of common stock were acquired through the vesting of restricted stock units.
- On February 21, 2025, 1,747 shares of common stock were acquired through the vesting of restricted stock units.
- On February 22, 2025, 2,134 shares of common stock were acquired through the vesting of restricted stock units.
- Following these transactions, Sun directly owns 323,848 shares of common stock.
- Sun also indirectly owns 26,608 shares of common stock and various stock options through Sun Management Associates, LLC.
- The reported stock options have exercise prices ranging from $16.72 to $56.44 and expire between 2026 and 2030.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment.
Positives
- The vesting of restricted stock units indicates that performance milestones may have been met.
- Increased ownership by a director can sometimes signal confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect changes in insider ownership.
Key Dates
| Date | Description |
|---|---|
| 02/12/2017 | Date of Non-Qualified Stock Option (right to buy) $ 16.72 |
| 02/21/2018 | Date of Non-Qualified Stock Option (right to buy) $ 38.39 |
| 02/19/2020 | Date of Non-Qualified Stock Option (right to buy) $ 51.49 |
| 02/18/2021 | Date of Non-Qualified Stock Option (right to buy) $ 50.94 |
| 02/22/2022 | First anniversary of the grant date for 20% of restricted stock units |
| 02/21/2023 | First anniversary of the grant date for 20% of restricted stock units |
| 02/20/2024 | First anniversary of the grant date for 100% of restricted stock units |
| 02/20/2025 | Transaction date for acquisition of 6,973 shares via restricted stock unit vesting |
| 02/21/2025 | Transaction date for acquisition of 1,747 shares via restricted stock unit vesting |
| 02/22/2025 | Transaction date for acquisition of 2,134 shares via restricted stock unit vesting |
| 02/12/2026 | Expiration Date of Non-Qualified Stock Option (right to buy) $ 16.72 |
| 02/18/2026 | Date of Non-Qualified Stock Option (right to buy) $ 0.00 |
| 02/21/2027 | Expiration Date of Non-Qualified Stock Option (right to buy) $ 38.39 |
| 02/20/2028 | Expiration Date of Non-Qualified Stock Option (right to buy) $ 56.44 |
| 02/19/2029 | Expiration Date of Non-Qualified Stock Option (right to buy) $ 51.49 |
| 02/18/2030 | Expiration Date of Non-Qualified Stock Option (right to buy) $ 50.94 |
Keywords
Form 4, Cognex Corp, Anthony Sun, Stock Options, Restricted Stock Units, Beneficial Ownership, CGNX, Director
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