Moschner Matthew 4

What Happened

• Matthew Moschner, Cognex Corporation’s President & CEO and a director, reported receiving equity awards and converting derivatives into shares. The filing shows grants/awards totaling 115,672 derivative units (two awards of 58,744 and 56,928 units) reported on Feb 17, 2026, plus the conversion/exercise of 5,085 derivative units into common shares on Feb 18, 2026. To satisfy tax withholding on vested restricted stock units, 1,600 shares were disposed (withheld) at $56.72 per share, totaling $90,752. The awards and conversions were recorded at $0 per share (typical for restricted stock units or stock-settled awards).

Key Details

• Transaction dates: Awards reported Feb 17, 2026; conversion/exercise and tax withholding occurred Feb 18, 2026. Filing date: Feb 19, 2026.
• Specific moves: Grants (A) — 58,744 and 56,928 derivative units; Exercise/Conversion (M) — 5,085 shares; Tax withholding (F) — 1,600 shares sold/withheld at $56.72 ($90,752).
• Shares owned after transaction: Not specified in the items you provided (check the full Form 4 for total holdings).
• Notable footnotes: Withholding of 1,600 shares was to satisfy tax obligations on RSUs that vested (routine tax withholding). Footnotes indicate the awards are restricted stock units (each RSU converts to one share) and describe standard vesting schedules and option vesting timing.
• Timeliness: Filing was submitted on Feb 19, 2026 for transactions in mid-February 2026; no late-filing flag was indicated in the supplied details.

Context

• These transactions are largely awards/vesting and a conversion of derivative awards, not open-market purchases or discretionary sales. The 1,600-share disposition was a routine tax-withholding event tied to vested RSUs rather than a market sale for investment reasons. The exercise/conversion recorded at $0 suggests settlement of RSUs or stock-settled awards rather than a cash exercise of an option.