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

Christopher Bohrson, a Senior VP & Chief Customer Officer at Cohu Inc., sold 200 shares of common stock at $21.88 per share on February 10, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• On February 10, 2025, Christopher Bohrson, a Senior VP & Chief Customer Officer at Cohu Inc., sold 200 shares of the company's common stock.
• The sale was executed at a price of $21.88 per share.
• The transaction was conducted under a pre-arranged trading plan that satisfies the affirmative defense conditions of Rule 10b5-1(c).
• Following the transaction, Bohrson beneficially owns 128,939 shares of Cohu Inc. common stock, which includes 74,746 Restricted Stock Units (RSUs).

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing an insider stock sale under a pre-arranged plan. It doesn't inherently convey positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Comparison to Industry Standards

• Insider selling is a common occurrence in publicly traded companies, and the use of 10b5-1 plans is a standard practice to avoid accusations of trading on non-public information.
• Comparable companies such as Teradyne and Advantest also see regular Form 4 filings from their executives.
• The size of this transaction (200 shares) is relatively small, suggesting it's likely part of a pre-planned diversification strategy rather than a significant shift in the executive's outlook on the company.

Stakeholder Impact

• The sale of shares by an executive could be perceived negatively by some shareholders, but the existence of a 10b5-1 plan mitigates concerns about insider trading.

Key Dates

Keywords

Form 4, Insider Trading, COHU, Bohrson, Stock Sale, 10b5-1 Plan, Executive Compensation, Securities Exchange Act