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 $24.33 per share under a pre-arranged 10b5-1 trading plan.

Summary

• On October 10, 2024, 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 $24.33 per share.
• The transaction was conducted under a pre-arranged 10b5-1 trading plan adopted on May 17, 2024.
• Following the transaction, Bohrson directly owns 129,739 shares of Cohu Inc.
• This number includes 74,746 Restricted Stock Units (RSUs) that will convert into common stock upon vesting, assuming continued employment and achievement of performance goals.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reports a routine transaction under a pre-existing trading plan. It doesn't inherently indicate positive or negative sentiment towards the company's prospects.

Industry Context

Insider sales are a common occurrence, and the use of 10b5-1 plans allows corporate insiders to sell shares in a pre-planned manner to avoid accusations of trading on non-public information. The market typically views these sales in the context of the overall trading volume and the insider's remaining holdings.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the small number of shares sold and the existence of the 10b5-1 plan.

Key Dates