Cohu (NASDAQ: COHU) executive logs small share sale and PSU forfeiture
Rhea-AI Filing Summary
Cohu Inc. senior vice president and Chief Customer Officer Christopher Bohrson reported an open‑market sale of 1,000 shares of common stock at $28.57 per share on March 16, 2026. This transaction was executed under a Rule 10b5‑1(c) trading plan adopted on November 21, 2025.
On March 14, 2026, 3,131 shares were automatically withheld upon vesting of restricted stock units to cover tax obligations, which is a non‑market, tax‑related disposition. That same day, 16,501 performance stock units previously reported were forfeited because specified performance goals were not fully achieved.
Following these transactions, Bohrson directly holds 176,202 shares of Cohu common stock, which includes 109,565 restricted stock units that will convert into common shares upon future vesting and achievement of performance conditions.
Positive
- None.
Negative
- None.
Insights
Small planned sale; mainly routine tax and performance adjustments.
The filing shows a modest open‑market sale of 1,000 Cohu shares at $28.57 by senior executive Christopher Bohrson under a pre‑arranged Rule 10b5‑1(c) plan adopted on November 21, 2025. Such plans are typically used to systematize liquidity and reduce timing concerns.
Most of the share reduction stems from 3,131 shares withheld to cover taxes on RSU vesting and 16,501 performance stock units forfeited because performance goals were not fully achieved. These are mechanical features of equity compensation rather than discretionary trades.
After all movements, Bohrson still directly holds 176,202 common shares, including 109,565 RSUs that may convert into stock upon future vesting and performance. The 1,000‑share sale is small relative to this position, suggesting a routine transaction rather than a thesis‑changing shift.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,000 | $28.57 | $29K |
| Tax Withholding | Common Stock | 3,131 | $0.00 | -- |
| Other | Performance Stock Units | 16,501 | $0.00 | -- |
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. Adoption date of referenced 10b5-1(c) plan is: 11/21/2025 The shares with respect to this transaction were sold at an exact execution price of $28.57. Number of shares includes 109,565 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).