Cognex director exercises 2,913 RSUs into shares
COGNEX CORP director John Tseng-Chung Lee exercised restricted stock units into common shares.
Sentiment and the balance of points
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Rhea-AI Filing Summary
COGNEX CORP director John Tseng-Chung Lee exercised restricted stock units into common shares. He converted 2,913 restricted stock units into 2,913 shares of common stock at a stated price of $0.00 per share. After these transactions, he directly holds 24,820 common shares and 4,817 restricted stock units, which will vest over time based on the original grant schedule.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 2,913 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,913 | $0.00 | $0.00 |
| Holding | Restricted Stock Unit | -- | -- | -- |
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Cognex Corporation common stock.
- F2. The restricted stock units vest approximately 20%, 30%, and 50% on the first, second, and third anniversaries of the grant date (February 21, 2023), respectively.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did COGNEX CORP (CGNX) director John Tseng-Chung Lee report?
What happened to the restricted stock units in the COGNEX CORP (CGNX) filing?
Are the COGNEX CORP (CGNX) insider transactions open-market buys or derivative exercises?
What is the vesting schedule for the COGNEX CORP (CGNX) restricted stock units mentioned?
Does the COGNEX CORP (CGNX) director hold these securities directly or through another entity?
AI-generated analysis. How Rhea-AI works. Not financial advice.