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

Christopher Bohrson, a Senior VP at Cohu Inc., sold 200 shares of common stock at $28.23 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 November 11, 2024.
• The sale was executed at a price of $28.23 per share.
• This transaction was conducted under a pre-arranged 10b5-1 trading plan adopted on May 17, 2024.
• Following the transaction, Bohrson beneficially owns 129,539 shares, which includes 74,746 restricted stock units (RSUs) that will convert to common stock upon vesting.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction under a pre-arranged trading plan, with no indication of positive or negative sentiment.

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 transaction is not unusual for a company of this size.

Comparison to Industry Standards

• Executive stock sales are a normal part of compensation and portfolio management in publicly traded companies.
• The use of a 10b5-1 plan is a standard practice to ensure compliance with insider trading regulations.
• Comparable companies in the semiconductor equipment industry also see similar transactions by their executives.

Stakeholder Impact

• The stock sale by an executive may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the stock price due to the small volume and pre-planned nature of the transaction.

Key Dates

Keywords

Cohu Inc, insider trading, Form 4, stock sale, 10b5-1 plan, executive, share transaction