Form 4: Cohu Inc. Director Yon Jorden Reports Acquisition and Disposal of Restricted Stock Units

Director Yon Jorden reports acquiring 4,918 Restricted Stock Units (RSUs) and disposing of an unspecified amount in Cohu Inc. shares.

Summary

• On June 5, 2024, Yon Jorden, a director of Cohu Inc., reported acquiring 4,918 Restricted Stock Units (RSUs).
• The RSUs vest on the earlier of June 5, 2025, or the 2025 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.
• The report also indicates a disposal of an unspecified amount of securities.
• Following the reported transactions, Jorden beneficially owns 21,391 securities, including 4,918 RSUs.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to stock transactions by a company director, indicating a neutral sentiment.

Future Outlook

The 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.

Industry Context

This filing is a routine disclosure related to stock-based compensation for a company director, which is a common practice in publicly traded companies to align the interests of management with those of shareholders.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it relates to director compensation and alignment of interests.

Key Dates