Jones Jeffrey D 4
4 · COHU INC · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
Cohu (COHU) CFO Jeffrey D. Jones Receives RSU/PSU Awards
What Happened
- Jeffrey D. Jones, Senior VP Finance and Chief Financial Officer of Cohu, Inc., received two equity awards on March 10, 2026 totaling 53,938 stock units (26,969 + 26,969) as awards (code A) at $0.00 per share. On March 11, 2026, 5,576 shares were disposed (code F) as shares were automatically withheld to satisfy tax withholding obligations related to vesting.
- These awards have no cash purchase price (reported price $0.00) — they are compensation grants rather than open-market purchases or sales.
Key Details
- Transaction dates and types: Mar 10, 2026 — two grant/acquisition entries (26,969 and 26,969 units, $0.00); Mar 11, 2026 — tax withholding of 5,576 shares (disposed) at $0.00.
- Shares owned after the transactions: not specified in the provided filing.
- Footnotes of note:
- F1: One award is Performance Stock Units (PSUs) that convert one-for-one to common shares only if specified total shareholder return goals are met; vesting (and measurement) is on the third anniversary; actual payout can range 0%–200% of target.
- F2: The other award is Restricted Stock Units (RSUs) that vest in four equal annual installments subject to continued service.
- F3: The 5,576-share disposition reflects shares automatically withheld to cover tax obligations (exempt under Rule 16b-3).
- F4: The reported number includes 188,486 RSUs previously disclosed that will convert one-for-one into shares upon vesting (excluding future tax-withholding impacts).
- Filing timeliness: Form filed Mar 12, 2026 reporting transactions through Mar 10, 2026 — within the normal Form 4 reporting window.
Context
- These entries are compensation awards (not open-market buys or sales). PSUs are performance-contingent (may pay out more or less than target depending on performance); RSUs vest over time with continued service. The 5,576 shares withheld were used to cover taxes and do not represent a market sale intended to realize cash proceeds.
Insider Transaction Report
Form 4
COHU INCCOHU
Jones Jeffrey D
Sr. VP Finance & CFO
Transactions
- Award
Performance Stock Units
[F1]2026-03-10+26,969→ 364,628 total - Award
Restricted Stock Units
[F2]2026-03-10+26,969→ 391,597 total - Tax Payment
Common Stock
[F3][F4]2026-03-11−5,576→ 386,021 total
Footnotes (4)
- [F1]Represents Performance Stock Units (also referred to as RSUs) that will be converted on a one-for-one basis into shares of Cohu, Inc. Common Stock upon vesting. These performance stock units will be earned only after the certification of achievement of specified performance goals (total shareholder return). Provided such goals are achieved and subject to continued service through the vesting date, performance is scheduled and measured in full on the third anniversary of the date of grant. The number of shares shown is the target award level. The actual number of shares that may vest ranges from 0% to 200% of the target amount, depending on achievement of specified performance goals.
- [F2]Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Cohu, Inc. Common Stock upon vesting. The RSUs vest in four equal annual installments beginning with the anniversary of the date of grant (assuming continued service through the vesting dates).
- [F3]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.
- [F4]Number of shares includes 188,486 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).
Signature
/s/ Luis A. Muller, by Power of Attorney|2026-03-12