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 $25.41 per share on August 16, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• On August 16, 2024, Christopher Bohrson, the Senior VP & Chief Customer Officer of Cohu Inc., sold 200 shares of the company's common stock.
• The sale was executed at a price of $25.41 per share.
• The transaction 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 130,139 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 the transaction is a routine disclosure of an insider sale under a pre-arranged trading plan. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are a routine part of the US market and are required by the SEC to provide transparency into the transactions of company insiders. This allows the market to see if key people in the company are buying or selling shares.

Stakeholder Impact

• The sale of shares by an executive could be perceived negatively by some shareholders, although the existence of a 10b5-1 plan mitigates this concern.

Key Dates