Cognex (CGNX) EVP Carl Gerst nets open‑market sale of 14,336 shares
Rhea-AI Filing Summary
Cognex EVP Carl Gerst reported a series of stock transactions involving Cognex common shares and restricted stock units. On February 20, 2026, he exercised restricted stock units into 6,846 common shares and another 6,846 common shares, then had 2,010 shares withheld to cover tax obligations and sold 3,804 shares in open‑market trades at about $55.99 per share. On February 21, 2026, additional restricted stock units converted into 8,791 common shares, with 3,095 shares withheld for taxes. On February 23, 2026, he sold 10,532 common shares in open‑market transactions at an average price of about $55.93 per share under a Rule 10b5‑1 trading plan. After these trades, his reported direct common‑stock holdings were 0 shares, while the filing notes outstanding restricted stock units that vest 20%, 30%, and 50% on the first, second, and third anniversaries of the 2023 and 2024 grant dates.
Positive
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Negative
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FAQ
What insider transactions did Cognex (CGNX) executive Carl Gerst report?
How many Cognex (CGNX) shares did Carl Gerst sell in the latest Form 4?
Were Carl Gerst’s Cognex (CGNX) share sales under a Rule 10b5-1 plan?
What Cognex (CGNX) restricted stock units vested for Carl Gerst?
Why were some Cognex (CGNX) shares withheld in Carl Gerst’s Form 4?
What was Carl Gerst’s Cognex (CGNX) direct common‑stock holding after these transactions?