Form 4: Cohu Inc. Director James Donahue Reports Acquisition of Restricted Stock Units and Transfer of Common Stock Holdings
SEC Form 4 Filing
Director James Donahue reports the acquisition of restricted stock units and a transfer of common stock holdings to a family trust.
Summary
- On June 5, 2024, James Donahue, a director of Cohu Inc., acquired 4,918 Restricted Stock Units (RSUs).
- These RSUs will 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.
- Each RSU represents a contingent right to receive one share of Cohu, Inc. Common Stock upon vesting.
- Additionally, shares previously held directly by James Donahue are now held by James Donahue and Stacey Donahue, Co-Trustees of the Donahue Revocable Family Trust; the total shares held in the trust are 380,495.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The RSUs will convert to common stock upon vesting, contingent on continued service to the Board of Directors.
Industry Context
This filing is a routine disclosure of changes in beneficial ownership by a company insider, as required by the SEC.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the potential future dilution from the vesting of RSUs.
Key Dates
| Date | Description |
|---|---|
| 06/05/2024 | Date of transaction: Acquisition of Restricted Stock Units and transfer of common stock to family trust. |
| 06/05/2025 | Earliest vesting date for Restricted Stock Units (one-year anniversary of grant date). |
| 06/07/2024 | Date of signature for the report. |
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