Disclosed in a recent SEC filing on January 10, Sun, Board Member at Cognex (NASDAQ:CGNX), made a noteworthy transaction involving the exercise of company stock options.
What Happened: The latest Form 4 filing on Wednesday with the U.S. Securities and Exchange Commission uncovered Sun, Board Member at Cognex, exercising stock options for 26,000 shares of CGNX. The total transaction was valued at $508,949.
The latest update on Thursday morning shows Cognex shares up by 0.03%, trading at $39.23. At this price, Sun's 26,000 shares are worth $508,949.
About Cognex
Cognex Corp provides machine vision products that help automate manufacturing processes. The firm's products include vision software, vision systems, vision sensors, and ID products. Vision software combines vision tools with a customer's own cameras and peripheral equipment and can help with several vision tasks, including part location, identification, measurement, and robotic guidance. Vision systems combine a camera, processor, and vision software into a single package. Vision sensors deliver simple, low-cost solutions for common vision applications, such as checking the size of parts. ID products read codes that have been applied to items during the manufacturing process. Cognex generates the largest proportion of its sales in the United States and ...