Form 4: Cognex SVP Dennis Fehr Reports Stock Purchases
SEC Form 4
Dennis Fehr, SVP and CFO of Cognex Corp, reports purchasing common stock on September 4, 2024.
Summary
- Dennis Fehr, a Senior Vice President and Chief Financial Officer at Cognex Corp, filed a Form 4.
- The form details changes in beneficial ownership of Cognex Corp's securities.
- On September 4, 2024, Fehr purchased 6,250 shares of common stock at $38.03 per share.
- Additionally, Fehr purchased 320 shares of common stock at $38.225 per share on the same day.
- Following these transactions, Fehr directly owns 6,570 shares of Cognex Corp common stock.
- Fehr also holds non-qualified stock options for 92,092 shares and restricted stock units for 17,982 shares.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. An executive purchasing shares can be seen as a vote of confidence, but it's a relatively small transaction.
Positives
- The purchase of company stock by a high-ranking officer could be interpreted as a positive signal about the company's prospects.
Industry Context
This filing is a routine disclosure related to insider trading activity, which is common among publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.
Stakeholder Impact
- The stock purchase by a company executive could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 09/04/2024 | Date of stock purchase transactions. |
| 09/05/2024 | Date of signature on the Form 4 filing. |
| 05/06/2025 | Date restricted stock units become exercisable. |
| 05/06/2027 | Expiration date of restricted stock units. |
| 05/06/2028 | Date non-qualified stock options become exercisable. |
| 05/06/2034 | Expiration date of non-qualified stock options. |
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