secwatch.observer — SEC 8-K summary
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Issuer:     COGNEX CORP (CGNX)
CIK:        0000851205
Form:       8-K
Filed at:   2025-02-20T23:59:59+00:00
Accession:  0001193125-25-030714
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cognex promotes Matthew Moschner to President and COO, effective Feb 20, 2025
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- Matthew Moschner, formerly SVP, promoted to President and COO, reporting to CEO Robert Willett.
- New salary $500K base, target bonus $500K (0-250% based on performance).
- Equity grants: options ~$830K (5yr vest), RSU ~$840K (3yr graded), PSU ~$830K (3yr, 0-120%).
- Additional option grant ~$1M vesting in years 4-5; bylaws amended to allow CEO and President to be held by more than one individual.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/851205/000119312525030714/0001193125-25-030714-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/851205/000119312525030714/d937253d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-030714

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer