Cohu (COHU) director granted 294 deferred stock units as board fee compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CAGGIA ANDREW M reported acquisition or exercise transactions in this Form 4 filing.
Cohu, Inc. director Andrew M. Caggia received a grant of 294 Deferred Stock Units (DSUs) as payment of director fees. Each DSU represents one share of common stock to be issued after his board service ends or on specified future dates. Following this award, he now holds 80,030 share-equivalent units, including 3,578 Restricted Stock Units (RSUs) that vest with continued board service and 61,056 DSUs that will be settled in common stock at termination of service or at future specified dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CAGGIA ANDREW M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 294 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 80,030 shares (Direct, null)
Footnotes (1)
- Grant of Phantom Stock in the form of Deferred Stock Units (DSUs) for payment of Director Fees. Each DSU is equal to one share of Cohu, Inc. Common Stock and will be settled through the issuance of common stock (i) upon the reporting person's termination of service as a director or (ii) at certain specified future dates. Number of shares includes 3,578 Restricted Stock Units (RSUs) and 61,056 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
Deferred Stock Units granted: 294 units
Total share-equivalent units after grant: 80,030 units
Restricted Stock Units held: 3,578 RSUs
+2 more
5 metrics
Deferred Stock Units granted
294 units
Grant of phantom stock for director fees
Total share-equivalent units after grant
80,030 units
Holdings following the 294-unit DSU award
Restricted Stock Units held
3,578 RSUs
Included within total reported holdings
Deferred Stock Units held
61,056 DSUs
Included within total reported holdings
Transaction price per unit
$0.00 per unit
Compensation grant, no cash paid by director
Key Terms
Restricted Stock Units, Deferred Stock Units, Phantom Stock, Director Fees
4 terms
Restricted Stock Units financial
"Number of shares includes 3,578 Restricted Stock Units (RSUs) and 61,056 Deferred Stock Units (DSUs)."
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
"Grant of Phantom Stock in the form of Deferred Stock Units (DSUs) for payment of Director Fees."
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.
Phantom Stock financial
"Grant of Phantom Stock in the form of Deferred Stock Units (DSUs) for payment of Director Fees."
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
Director Fees financial
"Grant of Phantom Stock in the form of Deferred Stock Units (DSUs) for payment of Director Fees."
FAQ
What insider transaction did Cohu (COHU) disclose for Andrew M. Caggia?
Cohu reported that director Andrew M. Caggia received a grant of 294 Deferred Stock Units as payment of director fees. Each DSU equals one Cohu common share and will be settled in stock after his board service ends or on certain future dates.
What are Deferred Stock Units (DSUs) in the Cohu (COHU) Form 4 filing?
Deferred Stock Units are phantom stock awards equal to one Cohu common share each, granted here as director fee compensation. They will be settled through issuing common shares after the director’s service ends or at certain specified future dates, rather than providing immediate stock.
What Restricted Stock Unit (RSU) holdings were reported for Cohu (COHU) director Andrew M. Caggia?
The filing states that Andrew M. Caggia’s holdings include 3,578 Restricted Stock Units. Each RSU represents a contingent right to receive one share of Cohu common stock upon vesting, assuming he continues serving on the company’s board of directors.
How many Deferred Stock Units (DSUs) does Cohu (COHU) director Andrew M. Caggia hold?
The disclosure notes that Andrew M. Caggia holds 61,056 Deferred Stock Units. Each DSU equals one Cohu common share and will be settled in stock either when his board service terminates or at specified future dates chosen under the plan’s terms.