PARROTTE DIANNE M 4

What Happened

• Dianne M. Parrotte, a director of Cognex Corporation (CGNX), had 8,324 restricted stock units (RSUs) converted into 8,324 shares on 2026-02-18 and the same 8,324 shares were reported as disposed the same day. The Form 4 reports an acquisition price of $0.00 and a disposition price of $0.00 (no cash consideration reported). This filing reflects the settlement/conversion of an equity award rather than an open‑market purchase.

Key Details

• Transaction date: 2026-02-18. Filing date (Form 4): 2026-02-19 (filed timely).
• Reported prices: Acquired 8,324 shares @ $0.00; Disposed 8,324 shares @ $0.00.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes: F1 — each restricted stock unit represents a contingent right to one share. F2 — the RSUs vest 100% on the first anniversary of the grant date (noted as February 18, 2025 in the filing).
• Transaction code: M (exercise or conversion of a derivative).

Context

• This was a conversion/settlement of RSUs (derivative-to-common-stock conversion). The filing shows the shares were disposed at conversion (per the Form 4); the Form 4 does not state proceeds or the reason for the disposition (e.g., sale, tax withholding, or transfer). Such RSU vesting/settlement transactions by directors are typically routine award settlements rather than directional bets on the stock.