Form 4: Cohu Inc. Director Steven J. Bilodeau Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Director Steven J. Bilodeau reports acquisition of 4,918 Restricted Stock Units (RSUs) in Cohu Inc.
Summary
- On June 5, 2024, Steven J. Bilodeau, a director of Cohu Inc., acquired 4,918 Restricted Stock Units (RSUs).
- These RSUs represent a contingent right to receive one share of Cohu, Inc. Common Stock upon vesting.
- The RSUs will vest on the earlier of June 5, 2025, or the date of the 2025 Cohu, Inc. Annual Meeting of Stockholders, assuming continued service to the Board of Directors.
- Following the transaction, Bilodeau beneficially owns 59,799 securities, including RSUs and Deferred Stock Units (DSUs).
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard disclosure of stock units acquisition by a director, indicating alignment with the company's interests but not necessarily a strong positive or negative signal.
Positives
- The acquisition of RSUs by a director signals confidence in the company's future performance.
Future Outlook
The document does not contain specific forward-looking statements beyond the vesting schedule of the RSUs.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the holdings of company directors.
Stakeholder Impact
- The acquisition of RSUs by a director can positively influence shareholder confidence, as it aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 06/05/2024 | Date of transaction: Acquisition of Restricted Stock Units |
| 06/05/2025 | Potential vesting date of Restricted Stock Units (one-year anniversary of grant date) |
| 2025 | Alternative vesting date: Cohu, Inc. Annual Meeting of Stockholders |
| 06/07/2024 | Date of Form 4 filing |
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