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Cognex (CGNX) director Anthony Sun converts 2,913 RSUs into shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Cognex director Anthony Sun reported an equity award transaction involving restricted stock units (RSUs) and common shares. On February 21, 2026, he exercised 2,913 RSUs, converting them at $0.00 per unit into 2,913 shares of Cognex common stock held directly. Following this conversion, his directly held common stock position reported in this filing is 335,085 shares, while the exercised RSU grant balance is now 0 units.

The filing also lists additional indirect holdings through Sun Management Associates, LLC, including several non-qualified stock options with reported remaining amounts ranging from 13,000 to 26,000 shares and 52,608 shares of common stock. A footnote states that Sun is a member of this LLC and disclaims beneficial ownership of those securities except to the extent of his pecuniary interest. Another footnote explains that each RSU represents a contingent right to receive one share of Cognex common stock and that the applicable RSU award vests 20%, 30%, and 50% on the first, second, and third anniversaries of its February 21, 2023 grant date.

Positive

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
SUN ANTHONY

(Last) (First) (Middle)
ONE VISION DRIVE

(Street)
NATICK MA 01760

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
COGNEX CORP [ CGNX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/21/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/21/2026 M 2,913 A $0.0 335,085 D
Common Stock 52,608 I By LLC(1)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit $0.0(2) 02/21/2026 M 2,913 02/21/2024(3) 02/21/2026 Common Stock 2,913 $0.0 0 D
Non-Qualified Stock Option (right to buy) $38.39 02/21/2018 02/21/2027 Common Stock 26,000 26,000 I By LLC(1)
Non-Qualified Stock Option (right to buy) $50.94 02/18/2021 02/18/2030 Common Stock 23,000 23,000 I By LLC(1)
Non-Qualified Stock Option (right to buy) $51.49 02/19/2020 02/19/2029 Common Stock 26,000 26,000 I By LLC(1)
Non-Qualified Stock Option (right to buy) $56.44 02/20/2019 02/20/2028 Common Stock 13,000 13,000 I By LLC(1)
Restricted Stock Unit $0.0 02/17/2027 02/17/2027 Common Stock 4,817 4,817 D
Explanation of Responses:
1. The reporting person is a member of Sun Management Associates, LLC, a California limited liability company. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
2. Each restricted stock unit represents a contingent right to receive one share of Cognex Corporation common stock.
3. 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.
Anthony Sun 02/24/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Cognex (CGNX) director Anthony Sun report on this Form 4?

Anthony Sun reported exercising 2,913 restricted stock units into 2,913 shares of Cognex common stock at $0.00 per unit. The transaction reflects an equity award conversion rather than an open-market purchase or sale and increases his directly held common share position.

How many Cognex common shares does Anthony Sun hold directly after this Form 4 transaction?

After converting 2,913 restricted stock units, Anthony Sun’s directly held Cognex common stock position reported in the filing is 335,085 shares. This figure reflects his direct ownership only and does not include securities held indirectly through Sun Management Associates, LLC.

What do the restricted stock units (RSUs) in Anthony Sun’s Cognex filing represent?

Each restricted stock unit represents a contingent right to receive one share of Cognex common stock. The RSU award referenced vests 20%, 30%, and 50% on the first, second, and third anniversaries of its February 21, 2023 grant date, subject to continued service conditions.

Were any Cognex (CGNX) shares sold by Anthony Sun in this Form 4 filing?

The Form 4 shows no reported sales of Cognex shares by Anthony Sun. The primary reported activity is the exercise and conversion of 2,913 restricted stock units into an equal number of common shares, with no sale transaction code or sale-related pricing disclosed.

What indirect Cognex holdings are attributed to Sun Management Associates, LLC in this Form 4?

The filing lists indirect holdings through Sun Management Associates, LLC, including several non-qualified stock options with reported remaining amounts of 26,000, 23,000, 26,000, and 13,000 shares, plus 52,608 Cognex common shares. Sun disclaims beneficial ownership beyond his pecuniary interest in these securities.

How does Anthony Sun describe his beneficial ownership of Cognex securities held by Sun Management Associates, LLC?

A footnote explains that Anthony Sun is a member of Sun Management Associates, LLC and disclaims beneficial ownership of its Cognex securities except to the extent of his pecuniary interest. Including these securities in the report is not deemed an admission of beneficial ownership for Section 16 purposes.
Cognex Corp

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