Form 4: Cognex Corp Director John Tseng-Chung Lee Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Director John Tseng-Chung Lee reports acquisition of restricted stock units in Cognex Corp.
Summary
- On February 20, 2025, John Tseng-Chung Lee, a director of Cognex Corp, filed a Form 4.
- The report details the acquisition of 8,324 restricted stock units (RSUs) on February 18, 2025, which convert to common stock.
- These RSUs vest 100% on February 18, 2026.
- Lee also directly owns 6,973 RSUs from a previous grant on February 20, 2025, 1,848 RSUs from May 9, 2023, and 4,660 RSUs from February 21, 2024.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of insider activity. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the holdings and transactions of company directors.
Stakeholder Impact
- The transaction may have a minor impact on shareholders by slightly increasing the number of shares outstanding upon vesting of the RSUs.
Key Dates
| Date | Description |
|---|---|
| 05/09/2023 | Date of previous RSU grant for 1,848 units. |
| 02/21/2024 | Date of previous RSU grant for 4,660 units. |
| 02/18/2025 | Transaction date for the acquisition of 8,324 restricted stock units. |
| 02/20/2025 | Date of Form 4 filing. |
| 02/20/2025 | Date of previous RSU grant for 6,973 units. |
| 02/18/2026 | Vesting date for the 8,324 restricted stock units. |
Keywords
Form 4, restricted stock units, RSU, Cognex Corp, CGNX, insider trading, John Tseng-Chung Lee, director
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