COHU INC·4

Mar 13, 2:05 PM ET

Jones Jeffrey D 4

Research Summary

AI-generated summary

Updated

Cohu (COHU) CFO Jeffrey D. Jones Shares Withheld for Taxes

What Happened Jeffrey D. Jones, Senior VP Finance and Chief Financial Officer of Cohu, had 3,000 shares withheld on 2026-03-12 to satisfy tax obligations arising from the vesting of Restricted Stock Units (RSUs). The filing reports the withholding as a disposition (code F) at $0.00 per share, resulting in $0 cash proceeds. Footnote F1 says the withholding was automatic and the transaction is exempt under Rule 16(b)-3.

Key Details

  • Transaction date: 2026-03-12; Form 4 filed: 2026-03-13 (timely).
  • Transaction type: F (shares withheld to cover tax liability on RSU vesting).
  • Amount: 3,000 shares withheld at $0.00 per share; reported value $0.
  • Shares owned after transaction: not specified in the provided summary of the filing.
  • Footnotes: F1 — automatic withholding to cover tax obligations (Rule 16(b)-3 exemption). F2 — filing notes 183,047 RSUs remain that will convert one-for-one to common stock upon future vesting/achievement of performance goals (excludes the shares withheld for taxes).

Context Withholding shares to cover taxes on vested RSUs is a routine administrative action and is reported as a disposition for SEC purposes, but it is not an open-market sale and doesn’t necessarily indicate insider sentiment. Footnote F2 indicates the CFO still has a substantial number of RSUs that may convert to common stock in the future if vesting and performance conditions are met.