Cognex (CGNX) EVP granted options and RSUs, with tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
COGNEX CORP executive Carl Gerst reported multiple equity award transactions. On February 17, 2026, he received a grant of 24,854 non-qualified stock options and 24,085 restricted stock units (RSUs), each at a price of $0.00 per share.
The options vest in five approximately equal annual installments on the first through fifth anniversaries of the February 17, 2026 grant date. The RSUs granted on that date vest approximately 20%, 30%, and 50% on the first, second, and third anniversaries, respectively. Each RSU represents a contingent right to receive one share of Cognex common stock.
On February 18, 2026, 5,570 RSUs vested and were converted into 5,570 shares of common stock. Of these, 1,766 shares were withheld at $56.72 per share to satisfy tax withholding obligations, leaving 3,804 common shares directly held afterward.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,570 shares exercised/converted
Mixed
15 txns
Insider
Gerst Carl
Role
EVP, Vision & ID Products
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 5,570 | $0.00 | -- |
| Exercise | Common Stock | 5,570 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,766 | $56.72 | $100K |
| Grant/Award | Non-Qualified Stock Option (right to buy) | 24,854 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 24,085 | $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 | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 22,276 shares (Direct);
Common Stock — 5,570 shares (Direct);
Non-Qualified Stock Option (right to buy) — 24,854 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. The options vest in five approximately equal annual installments on the first, second, third, fourth, and fifth anniversaries of the grant date (February 17, 2026). 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 18, 2025), respectively. The restricted stock units vest approximately 20%, 30%, and 50% on the first, second, and third anniversaries of the grant date (February 17, 2026), respectively.
FAQ
What equity awards did Cognex (CGNX) executive Carl Gerst receive?
Carl Gerst received a grant of 24,854 non-qualified stock options and 24,085 restricted stock units (RSUs) on February 17, 2026. Both awards were granted at a price of $0.00 per share as part of his compensation package.
How do Carl Gerst’s new Cognex (CGNX) stock options vest?
The 24,854 non-qualified stock options granted to Carl Gerst vest in five approximately equal annual installments. Vesting occurs on the first, second, third, fourth, and fifth anniversaries of the grant date, which is February 17, 2026, spreading value over several years.
What is the vesting schedule for Carl Gerst’s new Cognex (CGNX) RSUs?
The 24,085 RSUs granted on February 17, 2026 vest approximately 20%, 30%, and 50% on the first, second, and third anniversaries of the grant date. Each vested RSU converts into one share of Cognex common stock upon settlement.
What does each restricted stock unit (RSU) for Cognex (CGNX) represent for Carl Gerst?
Each RSU reported for Carl Gerst represents a contingent right to receive one share of Cognex common stock. Shares are actually delivered only as the RSUs vest according to the specified multi-year schedules in the award agreements.