Form 4: Director William Bendush Sells 7,500 Cohu Shares
Statement of Changes in Beneficial Ownership
Cohu, Inc. Director William Bendush sold 7,500 shares of common stock via a pre-arranged 10b5-1 trading plan.
Summary
- Director William Bendush sold 7,500 shares of Cohu, Inc. common stock on May 13, 2026.
- The shares were sold at a weighted average price of $49.14 per share, with individual trade prices ranging from $48.41 to $50.28.
- The transaction was executed under a Rule 10b5-1(c) trading plan adopted on May 23, 2025.
- Following the sale, the reporting person retains 24,780 shares held indirectly through the Bendush Living Trust and 10,257 Restricted Stock Units.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the sale was executed under a pre-planned 10b5-1 arrangement, which is standard practice for corporate insiders.
Positives
- The sale was conducted under a pre-established 10b5-1 trading plan, which is a standard mechanism for corporate insiders to sell stock without concerns regarding non-public information.
Negatives
- Insider selling can sometimes be perceived by the market as a lack of confidence in the short-term stock price appreciation, though this was a planned divestment.
Risks
- The reporting person remains subject to market volatility regarding their remaining holdings of 24,780 shares and 10,257 unvested Restricted Stock Units.
Future Outlook
No specific forward-looking guidance regarding company operations was provided in this filing.
Industry Context
StockSavvy.ai notes that insider selling via 10b5-1 plans is a routine administrative event in the semiconductor capital equipment sector and typically does not signal a change in company fundamentals.
Comparison to Industry Standards
- The use of 10b5-1 plans is the industry standard for directors at companies like Teradyne or KLA Corporation to manage personal equity holdings while maintaining regulatory compliance.
Stakeholder Impact
- Minimal impact on shareholders as the sale was pre-planned and represents a small portion of the director's total beneficial ownership.
Next Steps
- Continued monitoring of future Form 4 filings for further insider activity.
Key Dates
| Date | Description |
|---|---|
| 05/23/2025 | Adoption date of the 10b5-1(c) trading plan. |
| 05/13/2026 | Date of the stock sale transaction. |
| 05/14/2026 | Date of filing the Form 4. |
Keywords
Cohu, COHU, Insider Trading, Form 4, Director Sale, Semiconductor Equipment
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