Form 4: Cognex Corp Director Sennett Acquires Restricted Stock Units
SEC Form 4
Director Marjorie T. Sennett reports acquisition of restricted stock units in Cognex Corp.
Summary
- Marjorie T. Sennett, a director of Cognex Corp, reported the acquisition of 8,324 restricted stock units on February 18, 2025.
- These restricted stock units represent a contingent right to receive one share of Cognex Corporation common stock each.
- The restricted stock units vest 100% on the first anniversary of the grant date, which is February 18, 2025.
- Following the transaction, Sennett directly owns 3,845 shares of common stock, 8,324 restricted stock units exercisable on 02/18/2026, 6,973 restricted stock units exercisable on 02/20/2025, 2,134 restricted stock units exercisable on 02/22/2025 and 4,660 restricted stock units exercisable on 02/21/2026.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of insider activity.
Positives
- The acquisition of restricted stock units by a director can be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
This filing is a routine disclosure related to insider transactions and doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/22/2023 | Date of restricted stock unit grant, exercisable 02/22/2025 (2,134 shares) |
| 02/21/2024 | Date of restricted stock unit grant, exercisable 02/21/2026 (4,660 shares) |
| 02/18/2025 | Date of transaction (acquisition of restricted stock units) |
| 02/18/2025 | Date of restricted stock unit grant, exercisable 02/18/2026 (8,324 shares) |
| 02/20/2025 | Date of restricted stock unit grant, exercisable 02/20/2025 (6,973 shares) |
| 02/18/2026 | Vesting date for 8,324 restricted stock units |
Keywords
restricted stock units, Form 4, Cognex Corp, CGNX, insider trading, Marjorie T. Sennett, director
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.