Form 4: Cohu Inc. Executive Jeffrey D. Jones Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Senior VP of Finance & CFO Jeffrey D. Jones reports disposition of shares to cover tax obligations upon vesting of Restricted Stock Units, leaving him with 285,349 shares.
Summary
- On March 17, 2024, Jeffrey D. Jones, Senior VP Finance & CFO of Cohu Inc., reported a transaction involving Restricted Stock Units.
- 3,495 shares were disposed of to cover tax obligations upon the vesting of Restricted Stock Units.
- Following the transaction, Jones beneficially owns 285,349 shares, which includes 102,406 Restricted Stock Units that will convert into common stock upon vesting.
- The transaction was exempt under Rule 16(b)-3.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.
Future Outlook
The 102,406 RSUs will be converted on a one-for-one basis into shares of Cohu, Inc. Common Stock immediately upon the vesting dates, assuming continued employment and achievement of specified performance goals.
Industry Context
This is a routine SEC filing related to changes in beneficial ownership by a company insider. Such filings are common and provide transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider trading activities.
Key Dates
| Date | Description |
|---|---|
| 03/17/2024 | Date of transaction involving Restricted Stock Units. |
| 03/18/2024 | Date of signature by Power of Attorney. |
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