Cohu (COHU) director Bilodeau sells 11,105 shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cohu, Inc. director Steven J. Bilodeau reported an open-market sale of common stock. On this transaction date, he sold 11,105 shares of Cohu common stock at a weighted average price of $31.26 per share, with individual trades executed between $31.23 and $31.40.
After the sale, Bilodeau directly owned 58,951 Cohu shares. This figure includes 10,257 Restricted Stock Units, which convert into common shares upon vesting subject to continued board service, and 27,403 Deferred Stock Units, which will be settled in common stock after his board service ends or at specified future dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 11,105 shares ($347,142)
Net Sell
1 txn
Insider
BILODEAU STEVEN J
Role
Director
Sold
11,105 shs ($347K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 11,105 | $31.26 | $347K |
Holdings After Transaction:
Common Stock — 58,951 shares (Direct)
Footnotes (1)
- The shares with respect to this transaction were sold in multiple trades at prices ranging from $31.23 to $31.40; the price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number shares sold at each separate price. Number of shares includes 10,257 Restricted Stock Units (RSUs) and 27,403 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.
FAQ
What insider transaction did Cohu (COHU) director Steven J. Bilodeau report?
Steven J. Bilodeau reported selling 11,105 shares of Cohu common stock in an open-market transaction. The weighted average sale price was $31.26 per share, with individual trades occurring between $31.23 and $31.40, according to the Form 4 filing details.
What Restricted Stock Units (RSUs) are included in Steven J. Bilodeau’s Cohu (COHU) holdings?
Bilodeau’s reported holdings include 10,257 Restricted Stock Units. Each RSU represents a contingent right to receive one share of Cohu common stock, generally upon vesting, which is conditioned on his continued service on the company’s board of directors.
What Deferred Stock Units (DSUs) are reported in this Cohu (COHU) Form 4 filing?
The filing states that Bilodeau holds 27,403 Deferred Stock Units. Each DSU is equal to one share of Cohu common stock and will be settled in stock after his board service ends or on certain specified future dates outlined in the company’s director compensation arrangements.
Was the Cohu (COHU) insider transaction a buy or a sell?
The reported transaction was a sale of Cohu common stock. The Form 4 classifies it with transaction code “S” as an open-market or private sale, indicating that Bilodeau reduced his directly held share position by 11,105 shares on the transaction date.