Form 4: Cognex Director John Tseng-Chung Lee Reports Stock Transactions
SEC Form 4
Director John Tseng-Chung Lee reports acquisition and disposal of Cognex Corp stock and restricted stock units on May 9, 2024.
Summary
- On May 9, 2024, John Tseng-Chung Lee, a director of Cognex Corp, reported transactions involving the company's stock.
- Lee acquired 1,109 shares of common stock at a price of $0.0.
- Lee also disposed of 3,015 shares of common stock.
- These transactions were related to the vesting of restricted stock units.
- Following these transactions, Lee directly owns 1,848 derivative securities and 3,015 shares of Cognex common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to investors regarding the trading activities of company directors.
Stakeholder Impact
- The disclosure of insider transactions provides transparency to shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/09/2022 | Grant date of restricted stock units that vest approximately 20%, 30%, and 50% on the first, second, and third anniversaries, respectively. |
| 05/09/2023 | First anniversary of the grant date of restricted stock units. |
| 02/21/2024 | Date of restricted stock unit. |
| 05/09/2024 | Date of stock and restricted stock unit transactions. |
| 02/20/2025 | Date of restricted stock unit. |
| 05/09/2025 | Second anniversary of the grant date of restricted stock units. |
| 02/21/2026 | Date of restricted stock unit. |
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