Kuechen Joerg 4
4 · COGNEX CORP · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Cognex (CGNX) CTO Joerg Kuechen Receives RSUs; Shares Withheld
What Happened
- Joerg Kuechen, Chief Technology Officer of Cognex Corporation (CGNX), was granted/received 8,759 restricted stock units (RSUs) reported as an award. When those RSUs vested on Feb 18, 2026, 4,056 derivative shares were converted/exercised and 1,327 of the resulting shares were withheld to satisfy tax withholding obligations, generating a withholding value of $75,267 (1,327 shares at $56.72).
Key Details
- Transaction dates: grants/awards reported Feb 17, 2026; vesting, conversion/exercise and withholding reported Feb 18, 2026; Form 4 filed Feb 19, 2026 (appears timely).
- Grant: 8,759 RSUs (reported as award, code A) — each RSU equals one contingent share (footnote F2).
- Exercise/conversion: 4,056 derivative shares reflected as exercised/converted (code M) on Feb 18, 2026.
- Tax withholding: 1,327 shares disposed (code F) to cover tax liability at $56.72 per share = $75,267 (footnote F1).
- Shares owned after the transactions: not specified in the provided filing excerpt.
- Relevant footnotes: F1 = shares withheld to satisfy tax on RSUs that vested Feb 18, 2026; F2 = 1 RSU = 1 share; F3 = RSUs vest 100% on the second anniversary of the grant date (Feb 17, 2026); F4 = an alternative vesting schedule noted as ≈20%/30%/50% on anniversaries (Feb 18, 2025 etc.).
Context
- This filing mostly reports an award (RSUs) and routine tax-withholding disposal — not an open-market sale or a cash purchase. The conversion/exercise and the withholding are typical administrative steps when RSUs vest (shares are issued and some are retained to pay taxes). There is no explicit 10% owner trading or 10b5-1 plan noted in the provided details.
Insider Transaction Report
Form 4
COGNEX CORPCGNX
Kuechen Joerg
Head of Corporate M&A
Transactions
- Exercise/Conversion
Common Stock
2026-02-18+4,056→ 4,056 total - Tax Payment
Common Stock
[F1]2026-02-18$56.72/sh−1,327$75,267→ 2,729 total - Award
Restricted Stock Unit
[F2][F3]2026-02-17+8,759→ 8,759 totalExercise: $0.00From: 2028-02-17Exp: 2028-02-17→ Common Stock (8,759 underlying) - Exercise/Conversion
Restricted Stock Unit
[F2][F4]2026-02-18−4,056→ 16,223 totalExercise: $0.00From: 2026-02-18Exp: 2028-02-18→ Common Stock (4,056 underlying)
Holdings
- 55,141
Non-Qualified Stock Option (right to buy)
Exercise: $33.04From: 2026-02-18Exp: 2035-02-18→ Common Stock (55,141 underlying) - 12,500
Non-Qualified Stock Option (right to buy)
Exercise: $38.39From: 2018-02-21Exp: 2027-02-21→ Common Stock (12,500 underlying) - 89,103
Non-Qualified Stock Option (right to buy)
Exercise: $39.44From: 2025-02-20Exp: 2034-02-20→ Common Stock (89,103 underlying) - 67,759
Non-Qualified Stock Option (right to buy)
Exercise: $47.21From: 2024-02-21Exp: 2033-02-21→ Common Stock (67,759 underlying) - 39,894
Non-Qualified Stock Option (right to buy)
Exercise: $47.95From: 2026-08-04Exp: 2032-08-04→ Common Stock (39,894 underlying) - 80,000
Non-Qualified Stock Option (right to buy)
Exercise: $50.94From: 2021-02-18Exp: 2030-02-18→ Common Stock (80,000 underlying) - 45,000
Non-Qualified Stock Option (right to buy)
Exercise: $51.49From: 2020-02-19Exp: 2029-02-19→ Common Stock (45,000 underlying) - 30,000
Non-Qualified Stock Option (right to buy)
Exercise: $56.44From: 2019-02-20Exp: 2028-02-20→ Common Stock (30,000 underlying) - 49,530
Non-Qualified Stock Option (right to buy)
Exercise: $64.43From: 2023-02-22Exp: 2032-02-22→ Common Stock (49,530 underlying) - 29,486
Non-Qualified Stock Option (right to buy)
Exercise: $90.50From: 2022-02-16Exp: 2031-02-16→ Common Stock (29,486 underlying) - 6,355
Restricted Stock Unit
Exercise: $0.00From: 2024-02-21Exp: 2026-02-21→ Common Stock (6,355 underlying) - 14,199
Restricted Stock Unit
Exercise: $0.00From: 2025-02-20Exp: 2027-02-20→ Common Stock (14,199 underlying)
Footnotes (4)
- [F1]This disposition represents shares withheld to satisfy tax withholding obligations on the restricted stock units that vested on February 18, 2026 and are reported herein.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Cognex Corporation common stock.
- [F3]The restricted stock units vest 100% on the second anniversary of the grant date (February 17, 2026).
- [F4]The restricted stock units vest approximately 20%, 30%, and 50% on the first, second, and third anniversaries of the grant date (February 18, 2025), respectively.
Signature
Joerg Kuechen|2026-02-19