Cognex (CGNX) director trades 44,000 shares after option exercises
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cognex director Dianne M. Parrotte exercised multiple non-qualified stock options on March 2, 2026 and immediately sold the resulting shares. She acquired 44,000 shares of Cognex common stock through option exercises at strike prices around $45–$51.49, then sold 44,000 shares in open-market transactions at $54.00 per share. After these transactions, she directly owned 33,431 Cognex common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 44,000 shares ($2,376,000)
Net Sell
12 txns
Insider
PARROTTE DIANNE M
Role
Director
Sold
44,000 shs ($2.38M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Option (right to buy) | 7,500 | $0.00 | -- |
| Exercise | Non-Qualified Stock Option (right to buy) | 18,400 | $0.00 | -- |
| Exercise | Non-Qualified Stock Option (right to buy) | 2,500 | $0.00 | -- |
| Exercise | Non-Qualified Stock Option (right to buy) | 15,600 | $0.00 | -- |
| Exercise | Common Stock | 2,500 | $51.49 | $129K |
| Sale | Common Stock | 2,500 | $54.00 | $135K |
| Exercise | Common Stock | 15,600 | $51.49 | $803K |
| Sale | Common Stock | 15,600 | $54.00 | $842K |
| Exercise | Common Stock | 7,500 | $45.06 | $338K |
| Sale | Common Stock | 7,500 | $54.00 | $405K |
| Exercise | Common Stock | 18,400 | $50.94 | $937K |
| Sale | Common Stock | 18,400 | $54.00 | $994K |
Holdings After Transaction:
Non-Qualified Stock Option (right to buy) — 0 shares (Direct);
Common Stock — 35,931 shares (Direct)
Footnotes (1)
- The options vest in four equal annual installments on the first, second, third, and fourth anniversaries of the grant date (May 2, 2018). The options vest in five equal annual installments on the first, second, third, fourth, and fifth anniversaries of the grant date (February 18, 2020). These Stock Options were granted on February 19, 2019. 10,000 stock options vest in four equal annual installments beginning May 2, 2019. 26,000 stock options vest in five equal installments on the first, second, third, fourth, and fifth anniversaries of the grant date (February 19, 2019). The options vest in five equal annual installments on the first, second, third, fourth, and fifth anniversaries of the grant date (February 19, 2019).
FAQ
What did Cognex (CGNX) director Dianne Parrotte do in this Form 4 filing?
Dianne M. Parrotte exercised Cognex stock options and sold the resulting shares. She converted options into 44,000 common shares, then sold 44,000 shares in open-market trades, ending with 33,431 shares held directly.
Were the Cognex (CGNX) transactions option exercises or open-market buys?
The filing shows option exercises and subsequent sales, not open-market purchases. The director exercised non-qualified stock options to acquire shares, then sold an equal number of shares in open-market transactions at $54.00.
What types of securities were involved in the Cognex (CGNX) director’s transactions?
The transactions involved non-qualified stock options and common stock. Options granted in prior years were exercised to acquire common shares, which were then sold in open-market trades on the same date.
Do the Cognex (CGNX) director’s option grants have vesting schedules?
Yes. Footnotes explain the options vest in four or five equal annual installments following their grant dates in 2018, 2019, and 2020, reflecting multi-year equity incentive awards.