Jones Jeffrey D 4
Research Summary
AI-generated summary
Cohu CFO Jeffrey D. Jones Sells/Forfeits 26,229 Shares
What Happened
- Jeffrey D. Jones, Senior Vice President Finance & Chief Financial Officer of Cohu, Inc., had a total of 26,229 shares disposed on 2026-03-14. The filing shows 4,447 shares were withheld to cover tax obligations upon RSU vesting (price reported $0.00) and 21,782 shares were disposed as forfeitures tied to performance conditions (price $0.00). The $0.00 price reflects internal withholding/forfeiture mechanics, not an open-market sale.
Key Details
- Transaction date: 2026-03-14 (Form filed 2026-03-17).
- Dispositions: 4,447 shares withheld for taxes (F); 21,782 shares forfeited due to performance (J). Total disposed: 26,229 shares.
- Reported price: $0.00 for both items — indicates tax withholding and forfeiture, not a cash sale.
- Shares owned after transaction: not specified in the provided filing details.
- Relevant footnotes from the filing:
- F1: Shares automatically withheld upon RSU vesting to cover tax obligations (exempt under Rule 16b-3).
- F2: Shares previously reported were forfeited because specified performance goals were not fully achieved.
- F3: Separately, 153,202 RSUs (excluding future tax-withheld impact) remain outstanding and will convert 1-for-1 into common stock on vesting if service and performance conditions are met.
Context
- Tax withholding on vesting and forfeitures are administrative equity adjustments; they are not the same as open-market sales and do not necessarily signal management sentiment.
- For retail investors, purchases are typically more informative than withholding or forfeiture events. This filing documents internal adjustments to RSUs and performance-based cancellations rather than active insider selling into the market.