BILODEAU STEVEN J 4
Research Summary
AI-generated summary
COHU Director Steven J. Bilodeau Receives RSU Award
What Happened
- Steven J. Bilodeau, a director of Cohu, Inc. (COHU), was granted 3,578 restricted stock units (RSUs) on May 15, 2026. The reported acquisition price is $0.00, so there was no cash exchanged; the grant represents equity compensation rather than a market purchase or sale.
Key Details
- Transaction date: 2026-05-15; Form 4 filed: 2026-05-19 (timely filing).
- Grant: 3,578 RSUs at $0.00 (total reported value $0 at grant).
- Holdings after grant: rights to 30,981 units total — 3,578 RSUs plus 27,403 deferred stock units (DSUs) per filing footnote.
- Footnote F1: RSUs vest on the earlier of (i) one-year anniversary of grant or (ii) the next Cohu annual meeting, assuming continued board service.
- Footnote F2: DSUs equal one share each and will be settled in common stock upon the director’s termination of service or at specified future dates.
Context
- RSUs are compensation that convert to actual shares only after vesting; DSUs are deferred and settled later, so this award does not represent an open-market purchase signal. This is a routine director compensation grant, not an immediate sale or exercise.