CAGGIA ANDREW M 4

What Happened

• Andrew Caggia, a director of Cohu, Inc. (COHU), received a grant of 594 Deferred Stock Units (DSUs) on 2026-03-27. The award was reported at a grant price of $0.00 (i.e., issued as compensation) and has no immediate cash value.
• DSUs are a form of phantom stock: each DSU equals one share of Cohu common stock and will be settled by issuing actual shares either when Mr. Caggia's service as a director ends or on specified future settlement dates.

Key Details

• Transaction date and price: 2026-03-27; 594 shares @ $0.00 (award/grant).
• Holdings note: the filing’s footnote indicates the reporting person’s holdings include 10,257 Restricted Stock Units (RSUs) and 50,505 Deferred Stock Units (DSUs). RSUs vest into shares with continued board service; DSUs settle into shares upon termination or specified dates.
• Filing date and timeliness: Form 4 was filed on 2026-03-30 (within the required reporting window).
• Nature of transaction: Compensation award (code A) — not a market purchase or sale, so it does not reflect an immediate buy/sell sentiment.

Context

• DSUs and RSUs are deferred/contingent compensation. They represent future claims on shares rather than current share ownership, so they are common tools for director pay and do not necessarily indicate a trading-based view on the stock.
• For retail investors, awards like this are routine director compensation; purchases or sales are generally more informative about an insider’s current market view.