Form 4: Cohu Inc. Director Andreas W. Mattes Reports Changes in Beneficial Ownership

Director Andreas W. Mattes reports acquisition and disposal of Cohu Inc. restricted stock units.

Summary

• On June 5, 2024, Andreas W. Mattes, a director of Cohu Inc., reported transactions involving restricted stock units (RSUs).
• Mattes acquired 4,918 RSUs, each representing a contingent right to receive one share of Cohu, Inc. common stock upon vesting.
• The RSUs vest on the earlier of June 5, 2025, or the 2025 Cohu, Inc. Annual Meeting of Stockholders, assuming continued service to the Board of Directors.
• Following the reported transactions, Mattes beneficially owns 11,979 securities, including 6,727 RSUs that will be converted into shares of Cohu, Inc. common stock upon vesting.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it is a standard regulatory filing. The acquisition of RSUs can be seen as a slightly positive sign, indicating confidence from the director, but it's a routine transaction.

Positives

• The acquisition of RSUs by a director signals confidence in the company's future performance.

Future Outlook

The vesting of the RSUs is contingent upon continued service to the Board of Directors, aligning the director's interests with the company's long-term success.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

• The change in beneficial ownership may be of interest to shareholders.

Key Dates