Robert Izquierdo, The Motley Fool
Sun, February 22, 2026 astatine 2:37 PM CST 4 min read
Director Robert Willett executed the merchantability of 2,148 shares of Cognex (NASDAQ:CGNX) via open-market disposition connected Feb. 13, 2026, pursuing an contiguous enactment exercise; spot SEC Form 4 filing.
| Shares sold (direct) | 2,148 |
| Transaction value | ~$128,000 |
| Post-transaction shares (direct) | |
| Post-transaction shares (indirect) | 15,804 |
| Post-transaction worth (direct ownership) | ~$0 |
Transaction worth based connected SEC Form 4 weighted mean acquisition terms ($59.50); post-transaction worth based connected Feb. 13, 2026 marketplace adjacent ($58.79).
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How did the merchantability interaction Robert Willett’s wide equity vulnerability to Cognex?
While the transaction reduced his nonstop communal banal holdings to zero, Mr. Willett maintains vulnerability done 15,804 shares held indirectly via the Willett Parkhill Investment Trust and a important excavation of 1,477,706 vested options that stay exercisable. -
Was this transaction a nonstop merchantability oregon did it impact derivative mechanics?
The transaction was a derivative-based event, consisting of the workout of 2,148 banal options instantly followed by the merchantability of an equivalent fig of shares, accordant with liquidity absorption practices alternatively than a simplification successful underlying economical exposure. -
What information of Mr. Willett’s holdings did this merchantability correspond and what capableness remains?
The merchantability accounted for 11.97% of Mr. Willett’s pre-transaction full holdings and 100% of his nonstop communal banal position, with indirect holdings and ample enactment balances providing ongoing capableness for aboriginal transactions. -
Does this transaction awesome an exit oregon capacity-driven moderation successful selling activity?
The disposition reflects the drawdown of disposable nonstop communal shares, but with sizable derivative and indirect holdings remaining, Mr. Willett retains worldly vulnerability and the quality to summation oregon monetize equity interests successful the future.
| Price (as of marketplace adjacent 2/13/26) | $59.50 |
| Revenue (TTM) | $994.36 million |
| Net income (TTM) | $114.44 million |
| 1-year terms change | 79.51% |
* 1-year show calculated utilizing Feb. 13, 2026 arsenic the notation date.
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Cognex offers instrumentality imaginativeness systems, imaginativeness software, sensors, and image-based barcode readers for automation and inspection successful manufacturing and logistics environments.
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It generates gross by selling proprietary hardware and bundle solutions.
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The institution serves customers successful user electronics, automotive, pharmaceuticals, nutrient and beverage, and different concern sectors globally.
Cognex is simply a starring supplier of instrumentality imaginativeness products, enabling automation and prime power crossed divers manufacturing and organisation industries. The institution leverages precocious imaging and heavy learning technologies to present high-precision inspection and recognition solutions. Its established beingness successful cardinal concern verticals and absorption connected proprietary innovation underpin its competitory positioning successful the automation exertion market.

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