Form 4: Cohu Inc. Director Andrew M Caggia Reports Changes in Beneficial Ownership

Director Andrew M Caggia reports acquisition of 1,017 Deferred Stock Units (DSUs) and disposal of an unspecified amount of Restricted Stock Units, impacting his total holdings in Cohu Inc.

Summary

• On March 28, 2025, Andrew M Caggia, a director of Cohu Inc., reported changes in his beneficial ownership of the company's securities.
• He acquired 1,017 Deferred Stock Units (DSUs) as payment for director fees, with each DSU equivalent to one share of Cohu, Inc. common stock.
• These DSUs will be settled through the issuance of common stock upon his termination of service as a director or at specified future dates.
• The reported transaction leaves Caggia with a total of 62,804 shares, including 4,918 Restricted Stock Units (RSUs) and 42,490 DSUs.
• Each RSU represents a contingent right to receive one share of Cohu, Inc. common stock upon vesting, assuming continued service to the Board.

Sentiment

Score: 7

Explanation: The document reflects standard insider trading activity related to director compensation, which is generally neutral to positive as it aligns director interests with shareholders.

Positives

• The acquisition of DSUs reflects continued director compensation in the form of company stock, aligning director interests with shareholder value.

Future Outlook

The DSUs will be settled through the issuance of common stock (i) upon the reporting person's termination of service as a director or (ii) at certain specified future dates.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be informative for investors.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding director compensation and ownership.

Key Dates

Keywords

Beneficial Ownership, Form 4, Director, Deferred Stock Units, Restricted Stock Units, COHU, Securities