Cohu (COHU) CEO withholds 13,271 shares for taxes, forfeits 66,006 PSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cohu, Inc. President & CEO Luis A. Muller reported routine equity compensation adjustments. On March 14, 2026, 13,271 shares of Common Stock were automatically withheld upon vesting of Restricted Stock Units to cover tax obligations in a transaction exempt under Rule 16(b)-3.
On the same date, 66,006 Performance Stock Units previously reported were forfeited because specified performance goals were not fully achieved. After these changes, Muller directly holds 1,038,779 shares of Cohu common stock, and his position includes 508,101 RSUs that are scheduled to convert one-for-one into common shares upon future vesting and achievement of performance goals.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Muller Luis A
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 13,271 | $0.00 | -- |
| Other | Performance Stock Units | 66,006 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,038,779 shares (Direct);
Performance Stock Units — 972,773 shares (Direct)
Footnotes (1)
- Represents shares that were automatically withheld upon vesting of Restricted Stock Units (RSUs) to cover tax obligations in a transaction exempt under Rule 16(b)-3. Represents shares that were previously reported that have been forfeited as specified performance goals were not fully achieved. Number of shares includes 508,101 RSUs (excluding the impact of shares that will be withheld to cover tax obligations) previously reported that in the future will be converted on a one-for-one basis into shares of Cohu, Inc. Common Stock immediately upon the vesting dates (assuming continued service through the vesting dates and achievement of specified performance goals).
FAQ
What did Cohu (COHU) CEO Luis A. Muller report in this Form 4 filing?
Luis A. Muller reported routine equity compensation adjustments, including tax-related share withholding and forfeiture of certain performance stock units. These changes reflect administration of prior awards rather than new open-market stock purchases or sales.
What is the significance of the 66,006 forfeited Performance Stock Units at Cohu (COHU)?
The 66,006 Performance Stock Units were forfeited because specified performance goals were not fully achieved. These units had been previously reported, and their forfeiture reflects that certain performance conditions tied to the award were not met.
Do these Cohu (COHU) Form 4 transactions indicate open-market buying or selling by the CEO?
No, the filing shows no open-market buying or selling. It records automatic tax-withholding of 13,271 shares upon RSU vesting and forfeiture of 66,006 performance units, both routine equity compensation events rather than discretionary trades.
What are the 508,101 RSUs mentioned in Luis A. Muller’s Cohu (COHU) holdings?
The 508,101 RSUs are previously reported Restricted Stock Units that will convert one-for-one into Cohu common shares upon future vesting dates. Conversion depends on continued service and achievement of specified performance goals associated with the awards.