Director Nina Richardson of Cohu (COHU) receives 3,578 RSUs in new equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Richardson Nina reported acquisition or exercise transactions in this Form 4 filing.
Cohu, Inc. director Nina Richardson received an equity grant of 3,578 Restricted Stock Units (RSUs) as compensation. Each RSU represents a contingent right to receive one share of Cohu common stock at no cash cost when it vests. The RSUs vest on the earlier of the one-year anniversary of the grant date or the next Cohu annual stockholders’ meeting, assuming she continues serving on the Board. After this award, her reported holdings total 42,148 share-equivalents, including 3,578 RSUs and 11,992 Deferred Stock Units that will be settled in common stock after her board service ends or on specified future dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Richardson Nina
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,578 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 42,148 shares (Direct, null)
Footnotes (1)
- Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Cohu, Inc. Common Stock upon vesting. The RSUs vest on the earlier to occur of (i) the one-year anniversary of the date of grant or (ii) the next Cohu, Inc. Annual Meeting of Stockholders (assuming continued service on the Board of Directors). Number of shares includes 3,578 Restricted Stock Units (RSUs) and 11,992 Deferred Stock Units (DSUs). Each RSU represents a contingent right to receive one share of Cohu, Inc. Common Stock upon vesting (assuming continued service to the Board). Each DSU is equal to one share of Cohu, Inc. Common Stock and will be settled through the issuance of common stock upon (i) the reporting person's termination of service as a director or (ii) at certain specified future dates.
Key Figures
RSUs granted: 3,578 units
Transaction price: $0.00 per unit
Total holdings after grant: 42,148 share-equivalents
+1 more
4 metrics
RSUs granted
3,578 units
Restricted Stock Units awarded to director on grant date
Transaction price
$0.00 per unit
RSU grant price per unit
Total holdings after grant
42,148 share-equivalents
Total reported following the RSU award
Deferred Stock Units
11,992 units
DSUs to be settled in common stock at termination or set dates
Key Terms
Restricted Stock Units, Deferred Stock Units, Annual Meeting of Stockholders
3 terms
Restricted Stock Units financial
"Each Restricted Stock Unit (RSU) represents a contingent right to receive one share..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Deferred Stock Units financial
"Number of shares includes 3,578 Restricted Stock Units (RSUs) and 11,992 Deferred Stock Units (DSUs)..."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Annual Meeting of Stockholders financial
"The RSUs vest on the earlier to occur of (i) the one-year anniversary... or (ii) the next Cohu, Inc. Annual Meeting of Stockholders..."
FAQ
What insider transaction did Cohu (COHU) director Nina Richardson report?
Nina Richardson reported receiving 3,578 Restricted Stock Units (RSUs) in Cohu stock as a compensation award. These RSUs cost her no cash and convert into common shares once they vest under the terms described in the filing’s footnotes.
How many Cohu (COHU) Restricted Stock Units were granted in this Form 4?
The filing shows a grant of 3,578 Restricted Stock Units (RSUs) to director Nina Richardson. Each RSU is a right to receive one share of Cohu common stock when vesting conditions are met, providing additional equity-based compensation tied to her continued board service.
When do Nina Richardson’s new Cohu (COHU) RSUs vest?
The RSUs vest on the earlier of the one-year anniversary of the grant date or the next Cohu annual meeting of stockholders. Vesting requires continued service on the Board of Directors through that vesting date under the conditions described in the footnotes.
What are Deferred Stock Units mentioned in this Cohu (COHU) Form 4?
The filing notes 11,992 Deferred Stock Units (DSUs) held by Nina Richardson. Each DSU equals one share of Cohu common stock and will be settled in stock after her service as a director ends or at certain specified future dates chosen under the applicable plan.