Form 4: Cognex Corp Executive Vice President Carl Gerst Sells Shares
SEC Form 4
Carl Gerst, Executive Vice President at Cognex Corp, disposed of 6,782 shares of common stock at a price of $40.5371 on March 6, 2024.
Summary
- On March 6, 2024, Carl Gerst, an Executive Vice President at Cognex Corp, sold 6,782 shares of Cognex common stock.
- The sale price was $40.5371 per share.
- Following the transaction, Gerst still directly owns a number of derivative securities, including non-qualified stock options and restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a transaction by an insider. It doesn't inherently convey positive or negative sentiment, but rather reports a factual event.
Industry Context
Executive stock sales are a common occurrence and are often related to personal financial planning rather than a reflection of the executive's outlook on the company's future performance.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, although it is a common practice.
Key Dates
| Date | Description |
|---|---|
| 02/18/2021 | Date when Non-Qualified Stock Option (right to buy) at $50.94 becomes exercisable, expiring on 02/18/2030 |
| 02/20/2019 | Date when Non-Qualified Stock Option (right to buy) at $56.44 becomes exercisable, expiring on 02/20/2028 |
| 02/19/2020 | Date when Non-Qualified Stock Option (right to buy) at $51.49 becomes exercisable, expiring on 02/19/2029 |
| 02/22/2023 | Date when Non-Qualified Stock Option (right to buy) at $64.43 becomes exercisable, expiring on 02/22/2032 and Restricted Stock Unit becomes exercisable, expiring on 02/22/2025 |
| 02/21/2024 | Date when Non-Qualified Stock Option (right to buy) at $47.21 becomes exercisable, expiring on 02/21/2033 and Restricted Stock Unit becomes exercisable, expiring on 02/21/2026 |
| 03/06/2024 | Date of the transaction where 6,782 shares of Common Stock were disposed of at $40.5371 |
| 02/20/2025 | Date when Non-Qualified Stock Option (right to buy) at $39.44 becomes exercisable, expiring on 02/20/2034 and Restricted Stock Unit becomes exercisable, expiring on 02/20/2027 |
| 10/30/2025 | Date when Non-Qualified Stock Option (right to buy) at $65.9 becomes exercisable, expiring on 10/30/2030 |
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