Cognex (CGNX) EVP reports RSU vesting and tax-share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cognex Corporation executive Sheila Marie DiPalma, EVP of Employee Services, reported the vesting of restricted stock units and related tax withholding transactions. On February 20, 2026 and February 21, 2026, she acquired a total of 9,098 shares of common stock through exercises of restricted stock units, each unit converting into one share.
To cover tax withholding obligations on these vested awards, 1,117 shares on February 20, 2026 and 1,555 shares on February 21, 2026 were disposed of at $56.03 per share, as share-withholding rather than open-market sales. After these transactions, she directly owned 15,013 shares of Cognex common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
9,098 shares exercised/converted
Mixed
18 txns
Insider
DiPalma Sheila Marie
Role
EVP, Employee Services
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 5,295 | $0.00 | -- |
| Exercise | Common Stock | 5,295 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,555 | $56.03 | $87K |
| Exercise | Restricted Stock Unit | 3,803 | $0.00 | -- |
| Exercise | Common Stock | 3,803 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,117 | $56.03 | $63K |
| 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 — 0 shares (Direct);
Common Stock — 16,568 shares (Direct);
Non-Qualified Stock Option (right to buy) — 41,460 shares (Direct)
Footnotes (1)
- This disposition represents shares withheld to satisfy tax withholding obligations on the restricted stock units that vested on February 20, 2026 and are reported herein. This disposition represents shares withheld to satisfy tax withholding obligations on the restricted stock units that vested on February 21, 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 approximately 20%, 30%, and 50% on the first, second, and third anniversaries of the grant date (February 21, 2023), respectively. The restricted stock units vest approximately 20%, 30%, and 50% on the first, second, and third anniversaries of the grant date (February 20, 2024), respectively.
FAQ
What did Cognex (CGNX) executive Sheila DiPalma report in this Form 4?
Sheila DiPalma reported vesting of restricted stock units and related tax-withholding share dispositions. RSUs converted into Cognex common stock, and a portion of the shares was withheld to satisfy tax obligations, resulting in updated direct ownership records.
How do the Cognex (CGNX) restricted stock units vest for Sheila DiPalma?
Her restricted stock units vest in tranches of approximately 20%, 30%, and 50% on the first, second, and third anniversaries of the respective grant dates, February 21, 2023, and February 20, 2024, aligning vesting with multi-year service periods.
What type of dispositions are coded as “F” in this Cognex (CGNX) Form 4?
The “F” coded transactions represent payment of tax liabilities by delivering Cognex shares. In this case, shares were withheld from vested RSUs at $56.03 per share to cover withholding taxes, rather than being sold in ordinary market transactions.