CGNX insider files Form 144 to sell 2,666 RSU shares valued at $119,970
Rhea-AI Filing Summary
Form 144 notice for Cognex Corp (CGNX) reports a proposed sale of 2,666 shares of Common Stock through broker Robert W Baird & Co., with an aggregate market value of $119,970 and approximate sale date of 09/05/2025 on NASDAQ. The filing shows the 2,666 shares were acquired through three Restricted Stock Unit releases on 02/21/2025, 02/22/2025 and 03/15/2025 totaling 2,666 shares, and fully settled upon vesting. The filing states there were no securities sold in the past three months by the reporting person. Filer contact and issuer identification fields in the notice are present but contain no specific names or CIK values in the provided content.
Positive
- Disclosure of broker, share count, and market value provides clear, specific transaction details
- Origin of shares documented as RSU releases with dates and settlement method
Negative
- Filer and issuer identification fields are blank or not included in the provided content, limiting traceability
- No name or CIK for the reporting individual is present in the supplied text
Insights
TL;DR: Small insider sale of vested RSUs proposed via a broker; immaterial to company market cap but discloses insider liquidity.
The filing documents a proposed sale of 2,666 shares valued at $119,970 scheduled for 09/05/2025 and transacted through Robert W Baird & Co. The shares originated from three RSU releases in February and March 2025, indicating disposition of recently vested equity compensation rather than open-market purchases. No prior sales in the last three months are reported. Given the companywide outstanding share count of 167,749,569 provided here, the sale represents a de minimis fraction of equity. The filing lacks explicit filer identity fields in the supplied content.
TL;DR: Disclosure aligns with Rule 144 mechanics; shows compliance but offers limited governance signal.
The notice follows Rule 144 disclosure conventions by identifying the broker, number of shares, acquisition dates, nature of acquisition (RSU releases), and intended sale date. The representation about absence of undisclosed material information is included as required. The document does not provide the reporting individuals name or CIK in the provided content, which limits assessment of the insiders role or pattern of sales. No material governance or compliance issues are evident from the disclosed items alone.