Cohu (NASDAQ: COHU) CEO granted RSUs and PSUs, reports tax share withholding
Rhea-AI Filing Summary
Cohu, Inc. President & CEO Luis A. Muller reported equity compensation grants and a tax-related share withholding. On March 10, 2026, he received 98,071 Performance Stock Units and 98,071 Restricted Stock Units, each representing a contingent right to one share of common stock upon vesting.
The performance units vest based on total shareholder return measured on the third anniversary of grant, with potential payout from 0% to 200% of the 98,071 target shares. The RSUs vest in four equal annual installments, assuming continued service. On March 11, 2026, 17,376 common shares were automatically withheld upon RSU vesting to cover tax obligations, a transaction exempt under Rule 16(b)-3 and not an open-market sale. After these transactions, Muller directly owned 1,060,901 shares of Cohu common stock, including 615,300 RSUs that will convert into shares upon future vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 17,376 | $0.00 | -- |
| Grant/Award | Performance Stock Units | 98,071 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 98,071 | $0.00 | -- |
Footnotes (1)
- Represents Performance Stock Units (also referred to as RSUs) that will be converted on a one-for-one basis into shares of Cohu, Inc. Common Stock upon vesting. These performance stock units will be earned only after the certification of achievement of specified performance goals (total shareholder return). Provided such goals are achieved and subject to continued service through the vesting date, performance is scheduled and measured in full on the third anniversary of the date of grant. The number of shares shown is the target award level. The actual number of shares that may vest ranges from 0% to 200% of the target amount, depending on achievement of specified performance goals. Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Cohu, Inc. Common Stock upon vesting. The RSUs vest in four equal annual installments beginning with the anniversary of the date of grant (assuming continued service through the vesting dates). 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. Number of shares includes 615,300 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).