Cognex (NASDAQ: CGNX) CTO details RSU grant, vesting and tax shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cognex Corporation’s Chief Technology Officer, Joerg Kuechen, reported several equity-related transactions. On February 18, 2026, 4,056 restricted stock units were converted into an equal number of common shares at $0.00 per share, and 1,327 of those shares were disposed of at $56.72 per share to cover tax withholding obligations rather than through an open‑market sale. After these transactions, he directly held 2,729 shares of common stock. On February 17, 2026, he also received a direct grant of 8,759 new restricted stock units, which vest 100% on the second anniversary of the grant date. Additional non‑qualified stock options and restricted stock units are listed as existing holdings, reflecting his broader long‑term incentive position.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,056 shares exercised/converted
Mixed
16 txns
Insider
Kuechen Joerg
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 4,056 | $0.00 | -- |
| Exercise | Common Stock | 4,056 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,327 | $56.72 | $75K |
| Grant/Award | Restricted Stock Unit | 8,759 | $0.00 | -- |
| 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 | 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 | Restricted Stock Unit | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 16,223 shares (Direct);
Common Stock — 4,056 shares (Direct);
Non-Qualified Stock Option (right to buy) — 55,141 shares (Direct)
Footnotes (1)
- This disposition represents shares withheld to satisfy tax withholding obligations on the restricted stock units that vested on February 18, 2026 and are reported herein. Each restricted stock unit represents a contingent right to receive one share of Cognex Corporation common stock. The restricted stock units vest 100% on the second anniversary of the grant date (February 17, 2026). The restricted stock units vest approximately 20%, 30%, and 50% on the first, second, and third anniversaries of the grant date (February 18, 2025), respectively.
FAQ
What insider transactions did Cognex (CGNX) CTO Joerg Kuechen report?
Joerg Kuechen reported RSU vesting, a related tax-withholding share disposition, and a new RSU grant. 4,056 restricted stock units converted into shares, 1,327 shares were withheld for taxes, and 8,759 new RSUs were granted as equity compensation.
How many Cognex (CGNX) restricted stock units vested for the CTO?
4,056 restricted stock units vested and were converted into an equal number of Cognex common shares. Each unit represented a contingent right to receive one share, and these units vested according to the previously disclosed vesting schedule.
What new equity award did the Cognex (CGNX) CTO receive?
Joerg Kuechen received a grant of 8,759 restricted stock units on February 17, 2026. These RSUs vest 100% on the second anniversary of the grant date, aligning his compensation with longer-term Cognex share performance.
What do the Cognex (CGNX) Form 4 footnotes say about the RSUs?
The footnotes state each restricted stock unit equals one Cognex share and describe vesting schedules. Some units vest in stages of approximately 20%, 30%, and 50 over three years, while the new 8,759-unit grant vests entirely on the second anniversary.