Form 4: Cohu Inc. Executive Bohrson Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Christopher Bohrson, Sr VP & Chief Customer Officer of Cohu Inc., reports changes in beneficial ownership of company stock due to performance stock unit forfeitures and tax obligation fulfillment.
Summary
- Christopher Bohrson, a Senior VP & Chief Customer Officer at Cohu Inc., filed a Form 4 detailing changes in his beneficial ownership of Cohu Inc. securities.
- On March 14, 2025, 6,985 performance stock units were forfeited because specified performance goals were not fully achieved.
- Also on March 14, 2025, 5,532 common stock shares were withheld to cover tax obligations upon the vesting of Restricted Stock Units (RSUs).
- On March 15, 2025, an additional 812 common stock shares were withheld to cover tax obligations upon the vesting of RSUs.
- Following these transactions, Bohrson directly owns 168,637 shares of Cohu Inc. common stock, which includes 107,318 RSUs that will convert into common stock upon vesting, assuming continued employment and achievement of performance goals.
Sentiment
Score: 5
Explanation: The document primarily reflects routine transactions related to stock-based compensation and tax obligations, with a neutral sentiment.
Negatives
- Christopher Bohrson forfeited 6,985 performance stock units because specified performance goals were not fully achieved.
Risks
- The vesting of 107,318 RSUs into common stock is contingent upon continued employment and the achievement of specified performance goals, introducing uncertainty.
Future Outlook
The vesting of 107,318 RSUs into common stock is dependent on continued employment and the achievement of specified performance goals.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor potential shifts in ownership and sentiment.
Stakeholder Impact
- Shareholders are informed about changes in insider ownership, providing transparency into executive compensation and stock transactions.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Forfeiture of performance stock units and withholding of shares for tax obligations. |
| 03/15/2025 | Additional withholding of shares for tax obligations. |
| 03/18/2025 | Date of signature for the Form 4 filing. |
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