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

Director Andrew M Caggia reports acquisition of 607 Restricted Stock Units (RSUs) and Deferred Stock Units (DSUs) in Cohu Inc.

Summary

• On June 28, 2024, Andrew M Caggia, a director of Cohu Inc., reported the acquisition of 607 Restricted Stock Units (RSUs) and Deferred Stock Units (DSUs).
• These units were granted as phantom stock in the form of Deferred Stock Units (DSUs) for payment of Director Fees.
• Each DSU is equal to one share of Cohu, Inc. Common Stock and 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.
• Following the transaction, Caggia beneficially owns 60,429 securities, including 4,918 Restricted Stock Units (RSUs) and 40,115 Deferred Stock Units (DSUs).

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction of stock units to a director. It doesn't inherently indicate positive or negative performance for the company.

Positives

• The acquisition of stock units by a director can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The Deferred Stock Units (DSUs) 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 related to insider transactions, which are common in publicly traded companies. It provides transparency into the compensation and ownership structure of the company's directors.

Stakeholder Impact

• The transaction affects the ownership structure of the company, which is relevant to shareholders.

Key Dates