Form 4: Cohu Inc. Director William Bendush Sells Shares Under 10b5-1 Plan

Director William Bendush sold 2,591 shares of Cohu Inc. common stock at an average price of $29.83 under a pre-arranged 10b5-1 trading plan.

Summary

• On May 13, 2024, William Bendush, a director of Cohu Inc., sold 2,591 shares of common stock.
• The sale was executed under a pre-arranged 10b5-1 trading plan adopted on May 23, 2023.
• The shares were sold at prices ranging from $29.56 to $30.07, with a weighted average price of $29.83.
• Following the transaction, Bendush directly owns 36,662 shares of Cohu Inc. common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document simply reports a stock sale by a director under a pre-arranged plan. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Sales by company insiders are a common occurrence and are often viewed in the context of overall market conditions and company performance. The use of a 10b5-1 plan suggests the sale was pre-planned and not based on immediate inside information.

Stakeholder Impact

• The sale of shares by a director could have a minor impact on shareholder sentiment, but the existence of a 10b5-1 plan mitigates concerns about insider trading.

Key Dates