Cohu (COHU) director Bendush granted 3,578 RSUs, 10,257 shares to trust
Rhea-AI Filing Summary
BENDUSH WILLIAM reported acquisition or exercise transactions in this Form 4 filing.
Cohu Inc. director William Bendush reported compensation-related equity activity. He received a grant of 3,578 Restricted Stock Units (RSUs), each representing a right to one share of Cohu common stock at no cash cost, bringing his RSU holdings to 3,578 units.
The RSUs vest on the earlier of one year from grant or the next Cohu annual stockholders meeting, assuming he continues serving on the board. Separately, 10,257 shares of common stock were moved to the Bendush Living Trust as an indirect holding, resulting in 35,037 shares held through the trust. These events are routine awards and ownership structuring rather than open‑market trades.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 13,835 shares
Net Buy
2 txns
Insider
BENDUSH WILLIAM
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock (Indirect) | 10,257 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 3,578 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock (Indirect) — 35,037 shares (Indirect, By Bendush Living Trust);
Restricted Stock Units — 3,578 shares (Direct)
Footnotes (3)
- F1. Shares from a previously reported Restricted Stock Unit (RSU) award which vested on the Transaction Date and immediately transferred to the Bendush Living Trust.
- F2. 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).
- F3. Number of shares includes 3,578 Restricted Stock Units (RSUs) that in the future will be converted on a one-for-one basis into shares of Cohu, Inc. Common Stock immediately upon the vesting date (assuming continued service on the Board of Directors).
Key Figures
RSU grant: 3,578 RSUs
RSU holdings after grant: 3,578 RSUs
Shares moved to trust: 10,257 shares
+2 more
5 metrics
RSU grant
3,578 RSUs
New RSU award to director Bendush at $0.00 per unit
RSU holdings after grant
3,578 RSUs
Total RSUs following the reported acquisition
Shares moved to trust
10,257 shares
Common stock transferred to Bendush Living Trust
Indirect shares after restructuring
35,037 shares
Cohu common stock held via Bendush Living Trust
RSU vesting trigger
1 year or next annual meeting
Earlier of one-year anniversary or next Cohu stockholders meeting
Key Terms
Restricted Stock Unit (RSU), contingent right, Bendush Living Trust, Annual Meeting of Stockholders, +1 more
5 terms
Restricted Stock Unit (RSU) financial
"Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Cohu, Inc."
A restricted stock unit (RSU) is a promise from a company to give an employee company shares (or cash equal to their value) at a future date if certain conditions are met, such as staying with the company or hitting performance targets. For investors, RSUs matter because when they convert into actual shares they increase the number of shares available and can create selling pressure as employees cash out—think of them as a future paycheck paid in company stock.
contingent right financial
"represents a contingent right to receive one share of Cohu, Inc. Common Stock upon vesting."
Bendush Living Trust financial
"immediately transferred to the Bendush Living Trust."
Annual Meeting of Stockholders financial
"or (ii) the next Cohu, Inc. Annual Meeting of Stockholders (assuming continued service on the Board of Directors)."
continued service on the Board of Directors financial
"assuming continued service on the Board of Directors."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Cohu (COHU) director William Bendush receive in this Form 4 filing?
Director William Bendush received 3,578 Restricted Stock Units (RSUs) as equity compensation. Each RSU represents a contingent right to one share of Cohu common stock, subject to vesting conditions tied to time and continued board service.
How do William Bendush’s new Cohu (COHU) RSUs vest?
The 3,578 Cohu RSUs vest on the earlier of one year from the grant date or the next annual stockholders meeting. Vesting requires Bendush to maintain continued service on the Cohu board of directors through that vesting date.
What change occurred in the Bendush Living Trust’s Cohu (COHU) holdings?
An additional 10,257 Cohu common shares were transferred into the Bendush Living Trust. After this restructuring transaction, the trust holds 35,037 Cohu shares indirectly attributable to director William Bendush, reflecting updated ownership structure rather than a market trade.
Are the new Cohu (COHU) RSUs immediately converted into common stock?
No, the 3,578 RSUs are not immediate common shares. Each RSU converts on a one-for-one basis into Cohu common stock only when it vests, assuming Bendush continues serving on the board until the applicable vesting date.
Does this Cohu (COHU) Form 4 show any open-market stock purchases or sales?
The Form 4 does not show open-market buys or sells. It reports an RSU grant to director Bendush and an ownership restructuring, where 10,257 common shares moved into the Bendush Living Trust as an indirect holding.