secwatch.observer — SEC 8-K summary
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Issuer:     COGNEX CORP (CGNX)
CIK:        0000851205
Form:       8-K
Filed at:   2024-01-03T23:59:59+00:00
Accession:  0001193125-24-001477
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Cognex CFO Paul Todgham to resign effective March 15, 2024; receives $300k retention bonus
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- Paul Todgham, SVP Finance and CFO, mutually agreed to resign effective March 15, 2024.
- Resignation not due to any disagreement with Cognex over operations, policies, or practices.
- Todgham will receive $300,000 retention bonus if he stays through March 15 and 18 months of health insurance.
- Company is searching for a new CFO; Todgham remains subject to non-competition and non-solicitation covenants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/851205/000119312524001477/0001193125-24-001477-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/851205/000119312524001477/d623696d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-001477

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