Muller Luis A 4
4 · COHU INC · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
COHU CEO Luis Muller Forfeits 66,006 Shares; 13,271 Withheld
What Happened Luis A. Muller, President & CEO of Cohu, Inc. (COHU), reported two non‑cash dispositions tied to RSUs on 2026-03-14: 66,006 shares were forfeited because specified performance goals were not met, and 13,271 shares were automatically withheld to cover tax obligations upon RSU vesting. Both items show $0.00 per-share proceeds (no open‑market sale); the total disposed equals 79,277 shares.
Key Details
- Transaction date: 2026-03-14; Form 4 filed 2026-03-17.
- Disposals recorded: 66,006 shares (code J — forfeiture due to unmet performance goals) and 13,271 shares (code F — tax withholding), each at $0.00 per share.
- Total shares affected: 79,277; no cash received from these transactions.
- Footnotes: F1 = shares withheld to cover taxes (exempt under Rule 16b‑3); F2 = forfeiture due to specified performance goals not fully achieved; F3 = separately, 508,101 RSUs (excluding future withholding) remain reported as potential future one‑for‑one conversions to common stock upon vesting and achievement of goals.
- Shares owned after the transactions: not specified in the summary data provided (see filing for the insider’s reported beneficial ownership).
Context These entries reflect routine equity-plan mechanics (tax withholding on vested RSUs and forfeiture of unearned performance RSUs), not open‑market selling by the CEO. Purchases or open‑market sales tend to be more informative about insider sentiment; forfeitures and withholding are administrative results of grant vesting rules and performance outcomes.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-14−13,271→ 1,038,779 total - Other
Performance Stock Units
[F2][F3]2026-03-14−66,006→ 972,773 total
Footnotes (3)
- [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]Represents shares that were previously reported that have been forfeited as specified performance goals were not fully achieved.
- [F3]Number of shares includes 508,101 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).