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

Christopher Bohrson, Sr VP & Chief Customer Officer of Cohu Inc., sold 200 shares of common stock at $23.31 per share under a pre-arranged 10b5-1 trading plan.

Summary

• On September 10, 2024, Christopher Bohrson, Sr VP & Chief Customer Officer of Cohu Inc. (COHU), sold 200 shares of common stock.
• The transaction was executed at a price of $23.31 per share.
• The sale was conducted under a pre-arranged trading plan pursuant to Rule 10b5-1(c), which was adopted on May 17, 2024.
• Following the transaction, Bohrson directly owns 129,939 shares of Cohu Inc., which includes 74,746 Restricted Stock Units (RSUs).

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to an executive's stock sale. It doesn't convey any particularly positive or negative sentiment about the company's prospects.

Industry Context

Executive stock sales are a common occurrence and are often pre-planned using 10b5-1 trading plans to avoid accusations of insider trading. The sale by a senior executive at Cohu Inc. is not necessarily indicative of the company's performance or future prospects, but it is a data point that investors may consider.

Comparison to Industry Standards

• Executive compensation and stock ownership are typical metrics tracked across the semiconductor equipment industry.
• Companies like Teradyne and Advantest also have executives who utilize 10b5-1 plans for stock transactions.
• Comparing Bohrson's stock ownership and trading activity to peers in similar roles at these companies could provide additional context.

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 relatively small number of shares sold.

Key Dates