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

Christopher Bohrson, a Senior VP at Cohu Inc., sold 200 shares of restricted stock at $25.78 per share under a pre-arranged 10b5-1 trading plan.

Summary

• Christopher Bohrson, Senior VP & Chief Customer Officer at Cohu Inc., executed a sale of 200 restricted stock units on January 10, 2025.
• The sale was conducted at a price of $25.78 per share.
• This transaction was made under a pre-arranged 10b5-1 trading plan adopted on May 17, 2024.
• Following the transaction, Mr. Bohrson beneficially owns 129,139 shares, which includes 74,746 restricted stock units that will convert to common stock upon vesting.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing related to an executive's stock sale under a pre-arranged plan. It doesn't indicate any positive or negative sentiment about the company's performance.

Industry Context

This is a routine filing related to insider trading activity and is common for executives of publicly traded companies. The use of a 10b5-1 plan is a standard practice to avoid accusations of trading on inside information.

Comparison to Industry Standards

• The use of 10b5-1 trading plans is a common practice among executives at publicly traded companies, such as those in the semiconductor industry like Applied Materials or Lam Research, to manage their stock sales while avoiding accusations of insider trading.
• The reporting of these transactions via SEC Form 4 is a standard regulatory requirement, ensuring transparency in the market.

Stakeholder Impact

• The sale of shares by an executive may have a minor impact on shareholder sentiment, but the use of a 10b5-1 plan suggests the transaction was pre-planned and not based on any new information.

Key Dates

Keywords

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