Research Summary
AI-generated summary of this SEC filing
Cohu (COHU) Director Andrew M. Caggia Sells 15,252 Shares
What Happened
- Andrew M. Caggia, a director of Cohu, sold a total of 15,252 shares of Cohu, Inc. common stock in open-market transactions on 2026-08-05. The filing reports two line items: 10,000 shares at $51.74 (proceeds $517,400) and 5,252 shares at $51.73 (proceeds $271,686), for total proceeds of $789,086.
- The filing indicates these sales were executed under a prearranged Rule 10b5-1(c) trading plan adopted on 05/06/2026. This was a sale (disposition), not a purchase.
Key Details
- Transaction date: 2026-08-05; reported filing date: 2026-08-06 (timely).
- Reported prices: the two reported line-item averages are $51.74 and $51.73; filing notes the shares were sold in multiple trades at prices ranging from $50.60 to $52.98 (weighted-average price reported).
- Shares owned after transaction: not specified in the filing.
- Footnotes of note:
- F1: 10b5-1(c) plan adoption date: 05/06/2026.
- F2: Multiple trade prices ranged $50.60–$52.98; weighted-average price reported; reporter will provide per-trade breakdown on request.
- F3: The reporter’s referenced ownership includes 3,578 RSUs and 61,056 DSUs; RSUs convert to shares on vesting and DSUs are settled into shares upon termination or specified future dates.
Context
- Sales executed under a 10b5-1 plan are typically prearranged and are often routine dispositions rather than immediate signals about the insider’s view of the company.
- RSUs and DSUs noted in the filing are not immediate cash proceeds from this sale; they represent contingent or deferred rights to receive shares in the future.