Cohu (NASDAQ: COHU) executive RSU tax withholding and forfeiture
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
COHU INC Senior Vice President & Chief Product Officer Klaus Ilgenfritz reported routine equity compensation adjustments. On 2026-03-14, 1,098 shares of common stock were automatically withheld upon vesting of Restricted Stock Units to cover tax obligations, a non-market transaction exempt under Rule 16(b)-3. After this tax-withholding disposition, he directly held 99,216 common shares.
On the same date, 7,425 previously reported Performance Stock Units were forfeited because specified performance goals were not fully achieved. A footnote explains that his holdings include 72,712 RSUs that may each convert into one share of Cohu common stock upon future vesting dates, assuming continued service and achievement of performance goals.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ilgenfritz Klaus
Role
Sr. VP & Chief Product Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,098 | $0.00 | -- |
| Other | Performance Stock Units | 7,425 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 99,216 shares (Direct);
Performance Stock Units — 91,791 shares (Direct)
Footnotes (1)
- Represents shares that were automatically withheld upon vesting of Restricted Stock Units (RSUs) to cover tax obligations in a transaction exempt under Rule 16(b)-3. Represents shares that were previously reported that have been forfeited as specified performance goals were not fully achieved. Number of shares includes 72,712 RSUs (excluding the impact of shares that will be withheld to cover tax obligations) previously reported that in the future will be converted on a one-for-one basis into shares of Cohu, Inc. Common Stock immediately upon the vesting dates (assuming continued service through the vesting dates and achievement of specified performance goals).
FAQ
What insider transaction did COHU Sr. VP Klaus Ilgenfritz report?
He reported routine equity compensation events, including 1,098 COHU shares withheld to pay taxes on RSU vesting and the forfeiture of 7,425 Performance Stock Units after performance goals were not fully achieved, with no open-market share sales disclosed.
What happened to the 7,425 COHU Performance Stock Units reported as a transaction?
The 7,425 Performance Stock Units were forfeited because specified performance goals were not fully achieved. These units had been previously reported and are now removed from his equity awards, representing an adjustment based on performance rather than a market trade.