Sennett Marjorie 4

What Happened

• Marjorie Sennett, a director of Cognex Corporation (CGNX), had 2,913 restricted stock units (RSUs) convert to an equal number of common shares on Feb 21, 2026. The filing reports an acquisition of 2,913 shares at $0.00 and a concurrent disposition of 2,913 shares at $0.00. The reported dollar value for both transactions is $0.00.

Key Details

• Transaction date: 2026-02-21; Report filed: 2026-02-24.
• Reported amounts/prices: 2,913 shares acquired (conversion) @ $0.00; 2,913 shares disposed @ $0.00.
• Shares owned after transaction: not disclosed in the provided filing summary.
• Footnotes: F1—each RSU represents a contingent right to one share; F2—these RSUs were granted 2/21/2023 and vest ~20%/30%/50% on the 1st/2nd/3rd anniversaries.
• No late-filing flag was noted in the provided information.

Context

• The filing describes a derivative conversion of RSUs into common stock. The simultaneous acquisition and disposition at $0.00 typically indicates conversion/vesting with shares withheld (or otherwise surrendered) to satisfy tax withholding or similar obligations rather than an open-market sale. This is a routine, non-purchase insider event and does not by itself indicate a buy or sell conviction.