Cohu executive has 998 shares withheld for taxes
Cohu Inc. senior vice president and chief product officer Klaus Ilgenfritz reported a routine tax-related share withholding.
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Rhea-AI Filing Summary
Cohu Inc. senior vice president and chief product officer Klaus Ilgenfritz reported a routine tax-related share withholding. On vesting of restricted stock units, 998 shares of common stock were automatically withheld to cover tax obligations in a transaction exempt under Rule 16(b)-3, leaving him with 100,314 shares held directly, including 82,630 RSUs that may convert into common stock upon future vesting and performance conditions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 998 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. Number of shares includes 82,630 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).
FAQ
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What insider transaction did Cohu (COHU) report for Klaus Ilgenfritz?
What restricted stock unit (RSU) holdings are disclosed for Cohu (COHU) executive Klaus Ilgenfritz?
What does Rule 16(b)-3 exemption mean for this Cohu (COHU) insider transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.