Form 4: Cognex Director John Tseng-Chung Lee Reports Stock Transactions
SEC Form 4 Filing
Director John Tseng-Chung Lee reports the vesting and subsequent disposal of restricted stock units, resulting in adjustments to his holdings of Cognex Corporation common stock.
Summary
- On May 9, 2025, John Tseng-Chung Lee, a director of Cognex Corporation, reported transactions involving restricted stock units.
- Specifically, 1,848 restricted stock units vested and were subsequently disposed of.
- These transactions occurred under a pre-arranged 10b5-1(c) plan.
- Following these transactions, Lee directly owns 13,583 shares of Cognex common stock.
- Lee also holds 8,324 restricted stock units exercisable on 02/18/2026 and 2,913 restricted stock units exercisable on 02/21/2026.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It doesn't necessarily reflect broader industry trends but offers insight into the actions of a key individual at Cognex.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation adjustments.
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 units. |
| 02/18/2026 | Date restricted stock units are exercisable. |
| 02/21/2026 | Date restricted stock units are exercisable. |
| 05/09/2025 | Date of transaction: vesting and disposal of restricted stock units. |
Keywords
Cognex, Director, Stock Transaction, Restricted Stock Units, Form 4, CGNX, John Tseng-Chung Lee
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