COHU INC·4

Mar 12, 6:23 PM ET

BOHRSON CHRISTOPHER 4

4 · COHU INC · Filed Mar 12, 2026

Research Summary

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Cohu (COHU) Sr. VP Christopher Bohrson Receives Equity Award

What Happened

  • Christopher Bohrson, Senior Vice President & Chief Customer Officer of Cohu, received equity awards on 2026-03-10 totaling 35,958 units: two grants of 17,979 shares each (reported at $0.00 per share). These represent performance stock units (PSUs) and restricted stock units (RSUs) that convert to common shares upon vesting. On 2026-03-11, 4,088 shares were disposed (withheld) to cover tax obligations related to vesting (reported at $0.00).
  • The awards themselves are compensation grants (not open-market purchases or sales) and have vesting conditions: PSUs are performance-based (measured against total shareholder return at the third anniversary, payout 0–200% of target) and RSUs vest in four equal annual installments assuming continued service.

Key Details

  • Transaction dates & prices: Awards granted 2026-03-10 (two entries of 17,979 shares each) at $0.00; tax withholding 2026-03-11 of 4,088 shares at $0.00.
  • Shares owned after transaction: Not specified in the filing.
  • Notable footnotes:
    • F1: PSUs convert one-for-one to common stock upon vesting and payout ranges from 0%–200% of target based on performance.
    • F2: RSUs convert one-for-one; vesting in four equal annual installments with continued service.
    • F3: The 4,088-share disposal was automatic withholding to cover taxes (exempt transaction under Rule 16b-3).
    • F4: Filing references 135,861 previously reported RSUs that will convert to shares upon future vesting (excluding future tax-withheld shares).
  • Filing timeliness: Report filed 2026-03-12 covering transactions on 2026-03-10/11; the filing does not indicate a late report.

Context

  • These are compensation awards (PSUs/RSUs). PSUs depend on future performance metrics and may pay out between 0% and 200% of the target amount; RSUs vest over time with service. The 4,088-share disposition was a routine tax withholding at vesting and should not be read as a market-sale decision.
  • For retail investors, grants show how management is being compensated and align pay with performance, but they are not the same signal as an insider buying or selling stock on the open market.

Insider Transaction Report

Form 4
Period: 2026-03-10
BOHRSON CHRISTOPHER
Sr VP & Chief Customer Officer
Transactions
  • Award

    Performance Stock Units

    [F1]
    2026-03-10+17,979185,216 total
  • Award

    Restricted Stock Units

    [F2]
    2026-03-10+17,979203,195 total
  • Tax Payment

    Common Stock

    [F3][F4]
    2026-03-114,088199,107 total
Footnotes (4)
  • [F1]Represents Performance Stock Units (also referred to as RSUs) that will be converted on a one-for-one basis into shares of Cohu, Inc. Common Stock upon vesting. These performance stock units will be earned only after the certification of achievement of specified performance goals (total shareholder return). Provided such goals are achieved and subject to continued service through the vesting date, performance is scheduled and measured in full on the third anniversary of the date of grant. The number of shares shown is the target award level. The actual number of shares that may vest ranges from 0% to 200% of the target amount, depending on achievement of specified performance goals.
  • [F2]Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Cohu, Inc. Common Stock upon vesting. The RSUs vest in four equal annual installments beginning with the anniversary of the date of grant (assuming continued service through the vesting dates).
  • [F3]Represents shares that were automatically withheld upon vesting of Restricted Stock Units (RSUs) to cover tax obligations in a transaction exempt under Rule 16(b)-3.
  • [F4]Number of shares includes 135,861 RSUs (excluding the impact of shares that will be withheld to cover tax obligations) previously reported that in the future will be converted on a one-for-one basis into shares of Cohu, Inc. Common Stock immediately upon the vesting dates (assuming continued service through the vesting dates and achievement of specified performance goals).
Signature
/s/ Jeffrey D. Jones, by Power of Attorney|2026-03-12

Documents

1 file
  • 4
    rdgdoc.xmlPrimary

    FORM 4