Form 4: Cohu Inc. Director Nina Richardson Sells Shares Under 10b5-1 Plan

Director Nina Richardson sold 4,999 shares of Cohu Inc. common stock at an average price of $24.14, pursuant to a pre-arranged 10b5-1 trading plan.

Summary

• On October 10, 2024, Nina Richardson, a director of Cohu Inc., sold 4,999 shares of common stock.
• The sale was executed under a pre-arranged trading plan (Rule 10b5-1(c)) adopted on November 7, 2023.
• The shares were sold at prices ranging from $23.82 to $24.33, with a weighted average price of $24.14.
• Following the transaction, Richardson beneficially owns 28,313 shares of Cohu Inc. common stock.
• This total includes 4,918 Restricted Stock Units (RSUs) and 11,992 Deferred Stock Units (DSUs).

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reports a routine stock sale under a pre-arranged plan. It doesn't inherently indicate positive or negative prospects for the company.

Industry Context

Sales by insiders are a common occurrence, and sales under 10b5-1 plans are generally viewed as less indicative of the insider's view of the company's prospects, as the plans are established in advance.

Stakeholder Impact

• The sale of shares by a director could have a minor impact on shareholder sentiment, but is unlikely to be significant given it was executed under a pre-arranged trading plan.

Key Dates