Cognex (CGNX) director adds 2,913 shares through Restricted Stock Unit conversion
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cognex Corp director Dianne M. Parrotte increased her direct ownership through an equity award event. On February 21, 2026, she exercised or converted 2,913 Restricted Stock Units into 2,913 shares of Cognex common stock at a stated price of $0.0000 per share, indicating no cash outlay in this transaction. Following the conversion, her directly held common stock position rose to 33,431 shares. The filing also reports outstanding Non-Qualified Stock Options with direct ownership covering 7,500, 18,400, and 18,100 shares, which remain as rights to buy stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,913 shares exercised/converted
Mixed
5 txns
Insider
PARROTTE DIANNE M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 2,913 | $0.00 | -- |
| Exercise | Common Stock | 2,913 | $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) | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Common Stock — 33,431 shares (Direct);
Non-Qualified Stock Option (right to buy) — 7,500 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Cognex Corporation common stock. 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
What insider transaction did Cognex (CGNX) director Dianne Parrotte report?
Cognex director Dianne M. Parrotte reported exercising or converting 2,913 Restricted Stock Units into 2,913 shares of common stock. This award-related transaction increased her direct share holdings and did not involve an open-market purchase or sale.
What equity awards or options does Dianne Parrotte have in Cognex (CGNX)?
The filing lists Non-Qualified Stock Options with direct ownership levels of 7,500, 18,400, and 18,100 underlying shares. These options are rights to buy Cognex common stock and remain outstanding after the reported RSU conversion.
How were the Restricted Stock Units described in the Cognex (CGNX) Form 4 footnotes?
The footnotes state that each Restricted Stock Unit represents a contingent right to receive one share of Cognex common stock. They also describe vesting in three tranches on the first, second, and third anniversaries of the February 21, 2023 grant date.