Form 4: Cohu Inc. President & CEO Luis A Muller Reports Changes in Beneficial Ownership
SEC Form 4
Luis A Muller, President & CEO of Cohu Inc., reports a transaction involving restricted stock units to cover tax obligations, resulting in an adjustment to his beneficial ownership.
Summary
- On March 17, 2024, Luis A Muller, the President & CEO of Cohu Inc., reported a transaction involving restricted stock units.
- 10,795 shares were withheld to cover tax obligations upon the vesting of restricted stock units.
- Following the transaction, Muller beneficially owns 710,082 shares.
- This includes 312,034 restricted stock units that will be converted into shares of Cohu, Inc. Common Stock upon vesting, assuming continued employment and achievement of specified performance goals.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to insider transactions, with neutral sentiment.
Future Outlook
The 312,034 RSUs will be converted into shares of Cohu, Inc. Common Stock immediately upon the vesting dates (assuming continued employment and achievement of specified performance goals).
Industry Context
This is a routine filing related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects changes in insider ownership.
Key Dates
| Date | Description |
|---|---|
| 03/17/2024 | Date of transaction involving restricted stock units. |
| 03/18/2024 | Date of signature on the report. |
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