Rapp Karen Marie 4
Research Summary
AI-generated summary
Cohu Director Karen Rapp Receives 3,578 RSU Award
What Happened
- Karen Marie Rapp, a director of Cohu, Inc. (COHU), was granted 3,578 restricted stock units (RSUs) on 2026-05-15. The RSUs were awarded at no cash cost (reported acquisition price $0.00). This is an equity award (not an open-market purchase or sale) typically used as director compensation.
Key Details
- Transaction date: 2026-05-15; Form 4 filed 2026-05-19 (timely filing).
- Grant: 3,578 RSUs; acquisition price reported as $0.00 (award).
- Shares owned after transaction: not specified in the provided filing.
- Footnotes: (F1) Each RSU entitles the holder to one share of Cohu common stock upon vesting; vesting occurs on the earlier of one year from grant or the next annual meeting (assuming continued service). (F2) The filing notes a related figure of 3,712 RSUs that will convert one-for-one into shares upon vesting.
- No 10b5-1, tax-withholding, or sale details were reported with this grant.
Context
- RSU grants are compensation awards that convert to shares upon vesting and do not represent an immediate cash purchase or sale. They are common for directors and reflect future equity compensation contingent on continued service.