Form 4: Cohu Inc. Executive Klaus Ilgenfritz Reports Stock Transactions

Chief Product Officer Klaus Ilgenfritz reports acquisition and disposal of Cohu Inc. stock units and shares related to vesting and tax obligations.

Summary

• Klaus Ilgenfritz, Chief Product Officer of Cohu Inc., filed a Form 4 detailing changes in beneficial ownership of company securities.
• On March 11, 2025, Ilgenfritz acquired 15,166 Restricted Stock Units (RSUs) and 22,750 Performance Stock Units (PSUs).
• On March 12, 2025, 998 shares were disposed of to cover tax obligations related to the vesting of RSUs.
• Following these transactions, Ilgenfritz beneficially owns 82,604 shares of Cohu Inc. common stock, which includes 71,836 RSUs.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, reflecting routine stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The RSUs vest in three equal annual installments beginning March 11, 2026, assuming continued employment. The PSUs vest fully on March 11, 2028, contingent on achieving specified performance goals and continued employment; the actual number of shares that may vest ranges from 0% to 200% of the target amount.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding the holdings and transactions of key personnel.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive stock ownership.
• The vesting of stock units incentivizes the executive to contribute to the company's performance.

Key Dates