Form 4: Cohu Inc. Director William Bendush Reports Stock Sales Under 10b5-1 Plan

Director William Bendush reported the sale of Cohu Inc. shares held indirectly through a living trust, executed under a pre-arranged 10b5-1 trading plan.

Summary

• William Bendush, a director of Cohu Inc., filed a Form 4 disclosing changes in beneficial ownership.
• The report indicates sales of Cohu Inc. common stock held indirectly through the Bendush Living Trust.
• On May 12, 2025, 3,400 shares were sold at a weighted average price of $17.69.
• On May 13, 2025, an additional 3,400 shares were sold at a weighted average price of $17.93.
• These transactions were executed under a pre-arranged 10b5-1(c) trading plan adopted on May 30, 2024.
• Following these transactions, the Bendush Living Trust holds 27,362 shares of Cohu Inc. common stock.
• The report also notes that Bendush holds 4,918 Restricted Stock Units (RSUs) that will convert into common stock upon vesting.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock sales by a company director under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. The use of 10b5-1 plans is a common practice to allow insiders to sell shares without being accused of trading on non-public information.

Stakeholder Impact

• The stock sales by a director may have a minor impact on shareholder sentiment, but the use of a 10b5-1 plan mitigates concerns about insider trading.

Key Dates

Keywords

Form 4, Beneficial Ownership, COHU, Insider Trading, Stock Sale, 10b5-1 Plan, Director, Bendush, Restricted Stock Units