Form 4: Cohu Inc. Executive Sells Shares Under 10b5-1 Plan

Cohu Inc.'s Senior VP & Chief Customer Officer, Christopher Bohrson, sold 200 shares of common stock at $27.68 per share under a pre-arranged 10b5-1 trading plan.

Summary

• Christopher Bohrson, Senior VP & Chief Customer Officer at Cohu Inc., sold 200 shares of common stock on December 10, 2024.
• The sale was executed at a price of $27.68 per share.
• This transaction was conducted under a pre-arranged 10b5-1 trading plan adopted on May 17, 2024.
• The number of shares includes 74,746 Restricted Stock Units (RSUs) that will convert to common stock on a one-for-one basis upon vesting, assuming continued employment and achievement of performance goals.

Sentiment

Score: 5

Explanation: The document describes a routine executive stock sale under a pre-arranged plan, which is neither positive nor negative for the company's overall outlook.

Industry Context

Executive stock sales are a common occurrence and are often part of pre-arranged trading plans to avoid accusations of insider trading. This sale appears to be routine and does not necessarily indicate a change in the company's outlook.

Comparison to Industry Standards

• Executive stock sales are a common practice across the technology industry, with many executives using 10b5-1 plans to manage their personal finances.
• The sale of 200 shares is relatively small compared to the total number of shares outstanding for Cohu Inc., and is not unusual for an executive's planned transactions.
• Companies like Teradyne and Advantest also have executives who use 10b5-1 plans for stock transactions.

Stakeholder Impact

• The impact on shareholders is likely minimal, as the sale is a small transaction by an executive under a pre-arranged plan.

Key Dates

Keywords

Cohu Inc, stock sale, 10b5-1 plan, executive, Christopher Bohrson, RSUs, common stock