Form 4: Cohu Inc. Executive Thomas Kampfer Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Thomas Kampfer, Sr. VP Corp Dev, GC & Sec of Cohu Inc., reports acquiring 6,600 Restricted Stock Units (RSUs) on March 12, 2024.
Summary
- On March 12, 2024, Thomas Kampfer, a Senior Vice President at Cohu Inc., acquired 6,600 Restricted Stock Units (RSUs).
- These RSUs represent a contingent right to receive one share of Cohu, Inc. Common Stock upon vesting.
- The RSUs vest in full on March 12, 2025, assuming continued employment.
- Following this transaction, Kampfer beneficially owns 61,082 securities, which includes 48,162 RSUs previously reported.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports a standard executive compensation transaction.
Future Outlook
The acquired RSUs will vest on March 12, 2025, contingent upon continued employment.
Industry Context
This filing is a routine disclosure of stock-based compensation to a company executive, which is a common practice in publicly traded companies to align management's interests with those of shareholders.
Stakeholder Impact
- The transaction has a minor positive impact on aligning executive interests with shareholders through equity-based compensation.
Key Dates
| Date | Description |
|---|---|
| 03/12/2024 | Date of transaction: Acquisition of 6,600 Restricted Stock Units. |
| 03/12/2025 | Vesting date for the acquired Restricted Stock Units, assuming continued employment. |
| 03/13/2024 | Date of signature for the report. |
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