Ilgenfritz Klaus 4

What Happened
Klaus Ilgenfritz, Senior Vice President & Chief Product Officer of Cohu, Inc., was granted a total target award of 26,152 equity units on March 10, 2026 (two awards of 13,076 each). Both grants show a $0.00 per-share acquisition price because they are awards (no cash paid). On March 11, 2026, 2,225 shares were surrendered/withheld (reported as a disposal) to cover tax obligations related to vesting.

Key Details

• Transaction types: Awards/Grants (A) on 2026-03-10; tax withholding/disposition (F) on 2026-03-11.
• Quantities/prices: 13,076 + 13,076 shares granted @ $0.00 (total target = 26,152); 2,225 shares withheld/disposed @ $0.00.
• Report filed: Form 4 filed 2026-03-12 (appears timely relative to the reported transaction dates).
• Footnotes of note:
  • F1 = Performance Stock Units (PSUs) that convert 1:1 to shares upon vesting; vesting contingent on TSR performance measured at the 3rd anniversary and may pay 0%–200% of target.
  • F2 = Restricted Stock Units (RSUs) vesting in four equal annual installments (subject to continued service).
  • F3 = The 2,225 shares represent automatic withholding to satisfy tax obligations upon vesting.
  • F4 = Filing notes 84,896 previously reported RSUs that will convert to shares upon future vesting (excludes shares withheld for taxes).
• Shares owned after transaction: not specified in the provided report.

Context
These entries reflect equity compensation (awards and vesting-related tax withholding), not open-market purchases or sales for cash. PSUs are performance-contingent and may pay out at a range from 0% to 200% of target depending on achievement of specified goals; RSUs vest over time with continued service. Tax-withheld shares are a routine administrative step and do not necessarily indicate a discretionary sale.