Cohu (COHU) director awarded 594 deferred stock units for board fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Director Andrew M. Caggia received a grant of 594 Deferred Stock Units representing phantom stock as payment of director fees at Cohu, Inc. Each unit equals one share of common stock to be issued after his board service ends or on specified future dates. Following this award, he directly holds 76,158 share-linked units, including 10,257 Restricted Stock Units that vest with continued board service and 50,505 Deferred Stock Units that will convert into common stock at retirement or other preset times.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CAGGIA ANDREW M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 594 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 76,158 shares (Direct)
Footnotes (1)
- Grant of Phantom Stock in the form of Deferred Stock Units (DSUs) for payment of Director Fees. Each DSU is equal to one share of Cohu, Inc. Common Stock and will be settled through the issuance of common stock (i) upon the reporting person's termination of service as a director or (ii) at certain specified future dates. Number of shares includes 10,257 Restricted Stock Units (RSUs) and 50,505 Deferred Stock Units (DSUs). Each RSU represents a contingent right to receive one share of Cohu, Inc. Common Stock upon vesting (assuming continued service to the Board). Each DSU is equal to one share of Cohu, Inc. Common Stock and will be settled through the issuance of common stock upon (i) the reporting person's termination of service as a director or (ii) at certain specified future dates.
Key Figures
Deferred Stock Units granted: 594 units
Total share-linked units after grant: 76,158 units
Restricted Stock Units held: 10,257 RSUs
+2 more
5 metrics
Deferred Stock Units granted
594 units
Grant of phantom stock for director fees on March 27, 2026
Total share-linked units after grant
76,158 units
Direct holdings following the reported transaction
Restricted Stock Units held
10,257 RSUs
Included in total holdings; vest with continued board service
Deferred Stock Units held
50,505 DSUs
Included in total holdings; settle at termination or future dates
Transaction price per unit
$0.00
Grant of units as director compensation, no cash paid
Key Terms
Deferred Stock Units (DSUs), Restricted Stock Units (RSUs), Phantom Stock
3 terms
Deferred Stock Units (DSUs) financial
"Grant of Phantom Stock in the form of Deferred Stock Units (DSUs) for payment of Director Fees."
Deferred stock units (DSUs) are a form of long-term pay that promises an employee or director future company shares or cash equal to the share value at a later date, usually after leaving the company or at a set vesting time. Think of them as a delayed paycheck tied to the stock: they align recipients’ interests with long-term share performance and matter to investors because they create potential future dilution and signal how management is rewarded and incentivized.
Restricted Stock Units (RSUs) financial
"Number of shares includes 10,257 Restricted Stock Units (RSUs) and 50,505 Deferred Stock Units (DSUs)."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Phantom Stock financial
"Grant of Phantom Stock in the form of Deferred Stock Units (DSUs) for payment of Director Fees."
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
FAQ
What did Cohu (COHU) director Andrew Caggia report in this Form 4?
Director Andrew M. Caggia reported receiving a grant of 594 Deferred Stock Units as payment of director fees. Each unit is equivalent to one share of Cohu common stock that will be issued after his board service ends or on specified future dates.
What are Deferred Stock Units (DSUs) in the Cohu (COHU) Form 4 filing?
The filing describes DSUs as Deferred Stock Units equal to one share of Cohu common stock. They are phantom stock granted for director fees and will be settled in common shares when the director’s service ends or at other specified future dates.
How many RSUs and DSUs are included in Caggia’s Cohu (COHU) holdings?
The holdings include 10,257 Restricted Stock Units (RSUs) and 50,505 Deferred Stock Units (DSUs). Each RSU and DSU represents the right to receive one share of Cohu common stock, subject to vesting conditions or timing tied to board service.
What conditions apply to Cohu (COHU) director Andrew Caggia’s RSUs?
Each Restricted Stock Unit (RSU) represents a contingent right to receive one Cohu common share upon vesting. Vesting assumes continued service to the Board, so the RSUs convert into stock only if the director remains in his role until vesting dates.
When will Cohu (COHU) Deferred Stock Units granted to Andrew Caggia be settled?
The DSUs will be settled in Cohu common stock either when the reporting person’s service as a director terminates or on certain specified future dates. Until settlement, they function as phantom stock tied to the company’s common shares.