Form 4: Cohu Inc. Director Andrew M. Caggia Reports Acquisition of Deferred Stock Units

Director Andrew M. Caggia reports the acquisition of 631 Deferred Stock Units (DSUs) of Cohu Inc. as payment for director fees.

Summary

• On March 29, 2024, Andrew M. Caggia, a director of Cohu Inc., acquired 631 Deferred Stock Units (DSUs) as payment for director fees.
• Each DSU is equivalent to one share of Cohu Inc. common stock and will be settled upon termination of service as a director or at specified future dates.
• Following the transaction, Caggia beneficially owns 54,904 shares, including 4,347 Restricted Stock Units (RSUs) and 35,305 DSUs.

Sentiment

Score: 7

Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.

Positives

• The acquisition of DSUs aligns the director's interests with the long-term performance of the company.
• The grant of DSUs as compensation is a common practice for compensating board members.

Future Outlook

The Deferred Stock Units will be settled through the issuance of common stock upon the reporting person's termination of service as a director or at certain specified future dates.

Industry Context

This filing is a routine disclosure of a director's stock ownership changes, which is common in publicly traded companies. It reflects standard compensation practices for board members.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it involves a small number of shares relative to the total outstanding shares.

Key Dates