Form 4: Cognex Corp Director John Tseng-Chung Lee Reports Stock Transactions
SEC Form 4
Director John Tseng-Chung Lee reports acquisition and disposal of Cognex Corp common stock and restricted stock units.
Summary
- On February 20, 2025, John Tseng-Chung Lee, a director of Cognex Corp, acquired 6,973 shares of Common Stock and disposed of 9,988 shares.
- Following these transactions, Lee directly owns 11,735 shares of Common Stock.
- Lee also acquired 1,747 shares of Common Stock on February 21, 2025.
- The transactions involved the vesting of Restricted Stock Units (RSUs) which convert into common stock.
- Some RSUs vest on the first anniversary of the grant date, while others vest over three years.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common practice for publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in beneficial ownership.
- The transactions do not appear to have a direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 02/21/2023 | Approximately 20% of certain restricted stock units vest. |
| 05/09/2023 | Date of Restricted Stock Unit grant. |
| 02/20/2024 | The restricted stock units vest 100% on the first anniversary of the grant date. |
| 02/21/2024 | Approximately 30% of certain restricted stock units vest. |
| 02/18/2026 | Date of Restricted Stock Unit grant. |
| 02/20/2025 | Date of transaction: acquisition of 6,973 shares and disposal of 9,988 shares of Common Stock; vesting of 6,973 Restricted Stock Units. |
| 02/21/2025 | Date of transaction: acquisition of 1,747 shares of Common Stock; vesting of 1,747 Restricted Stock Units. |
| 05/09/2025 | Expiration date of Restricted Stock Unit. |
| 02/18/2026 | Expiration date of Restricted Stock Unit. |
| 02/21/2026 | Approximately 50% of certain restricted stock units vest. |
| 02/24/2025 | Date of signature. |
Keywords
Form 4, Cognex Corp, Director, Stock Transactions, Restricted Stock Units, Beneficial Ownership, CGNX, Lee, John Tseng-Chung Lee
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.