Cognex (CGNX) director sells 2,148 shares from option exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cognex Corp director Robert Willett exercised stock options and sold the resulting shares in a same-day transaction. On 02/13/2026 he exercised 2,148 non-qualified stock options at $39.44 per share, receiving 2,148 shares of common stock, then sold those 2,148 shares at an average price of $59.5011 per share under a Rule 10b5-1 trading plan. Following these transactions he reported no directly held common shares, while continuing to hold multiple option grants and restricted stock units, plus 15,804 common shares held indirectly through the Willett Parkhill Investment Trust, where he is trustee and beneficiary and disclaims beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,148 shares ($127,808)
Net Sell
12 txns
Insider
Willett Robert
Role
Director
Sold
2,148 shs ($128K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Option (right to buy) | 2,148 | $0.00 | -- |
| Exercise | Common Stock | 2,148 | $39.44 | $85K |
| Sale | Common Stock | 2,148 | $59.5011 | $128K |
| holding | Non-Qualified Stock Option (right to buy) | -- | -- | -- |
| holding | Non-Qualified Stock Option (right to buy) | -- | -- | -- |
| holding | Non-Qualified Stock Option (right to buy) | -- | -- | -- |
| holding | Non-Qualified Stock Option (right to buy) | -- | -- | -- |
| holding | Non-Qualified Stock Option (right to buy) | -- | -- | -- |
| holding | Non-Qualified Stock Option (right to buy) | -- | -- | -- |
| holding | Non-Qualified Stock Option (right to buy) | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Non-Qualified Stock Option (right to buy) — 292,246 shares (Direct);
Common Stock — 2,148 shares (Direct);
Restricted Stock Unit — 70,824 shares (Direct);
Common Stock — 15,804 shares (Indirect, by Trust)
Footnotes (1)
- These stock option exercises were effected pursuant to a trading plan adopted by the reporting person in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. The reporting person is a trustee and beneficiary of Willett Parkhill Investment Trust dated August 2, 2010. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
FAQ
What insider transaction did Cognex (CGNX) director Robert Willett report?
Director Robert Willett reported exercising 2,148 Cognex stock options and selling the resulting 2,148 common shares. The options were exercised at $39.44 per share, and the shares were sold at an average price of $59.5011 per share on February 13, 2026.
Was Robert Willett’s Cognex stock sale under a Rule 10b5-1 plan?
Yes. The filing states the stock option exercises were effected under a trading plan adopted in accordance with Rule 10b5-1. Such plans allow insiders to pre-arrange trades, helping separate personal trading decisions from access to nonpublic company information.
What Cognex derivative awards does Robert Willett hold after this Form 4?
After the reported transactions, Willett holds several non-qualified stock option grants and restricted stock units. Reported option positions include 292,246, 193,201, 233,484, 180,000, 180,000, 90,000, 185,254 and 123,521 options, plus 70,824 restricted stock units, all directly owned.