Form 4: COHU Director Caggia Receives Equity Compensation

COHU Director Andrew M. Caggia was granted 594 Restricted Stock Units as part of his director fees, increasing his total beneficial ownership.

Summary

• Andrew M. Caggia, a Director of Cohu Inc. (COHU), was granted 594 Restricted Stock Units (RSUs) on March 27, 2026.
• These RSUs are in the form of Deferred Stock Units (DSUs) and serve as payment for Director Fees.
• Each DSU is equivalent to one share of Cohu, Inc. Common Stock.
• The DSUs will be settled through the issuance of common stock upon Mr. Caggia's termination of service as a director or at certain specified future dates.
• Following this transaction, Mr. Caggia beneficially owns a total of 76,158 shares.
• This total beneficial ownership includes 10,257 Restricted Stock Units (RSUs) and 50,505 Deferred Stock Units (DSUs).

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive event. While routine, the grant of equity compensation to a director generally signals alignment of interests, which is a positive for corporate governance.

Positives

• The grant of equity compensation (DSUs) to a director aligns their interests with those of the shareholders, encouraging long-term value creation.
• The compensation structure ties director remuneration directly to the company's stock performance.

Industry Context

StockSavvy.ai notes that providing equity-based compensation, such as Restricted Stock Units or Deferred Stock Units, to non-employee directors is a standard practice across many industries. This method is widely adopted to align the financial interests of the board members with the long-term performance of the company and its shareholders.

Comparison to Industry Standards

• Many publicly traded companies, including technology and semiconductor firms, utilize similar equity compensation plans for their non-employee directors. For instance, companies like Intel and NVIDIA frequently grant RSUs or DSUs as part of their director remuneration packages.
• The structure of DSUs settling upon termination of service or specified future dates is a common mechanism to defer income and ensure continued alignment over a director's tenure.

Related Party Transactions

• The grant of 594 Deferred Stock Units (DSUs) to Andrew M. Caggia, a Director of Cohu Inc., constitutes a related party transaction as it involves compensation provided by the company to one of its board members.

Stakeholder Impact

• Shareholders: The grant of equity compensation to a director can be seen as positive, as it aligns the director's financial interests with the long-term value creation for shareholders.
• Employees: No direct impact on employees is indicated by this filing.

Next Steps

• The granted Deferred Stock Units (DSUs) will be settled through the issuance of common stock upon Mr. Caggia's termination of service as a director or at certain specified future dates.

Key Dates

Keywords

COHU, Restricted Stock Units, Deferred Stock Units, Director Compensation, Insider Transaction, Equity Grant, Form 4, SEC Filing