Benchmark SVP granted 5,996 RSUs and 5,996 shares
Cummings David Lee reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Cummings David Lee reported acquisition or exercise transactions in this Form 4 filing.
Benchmark Electronics senior vice president and chief commercial officer David Lee Cummings received new equity awards tied to company performance and service. On February 20, 2026, he was granted 5,996 performance-based restricted stock units and a separate award of 5,996 shares of common stock at no purchase price.
The common stock award is represented by restricted stock units that are scheduled to vest in equal installments over three years from the grant date. The performance-based units reflect a target amount; the actual number of shares earned can range from zero to up to 2 times the target, based on results during a performance period from January 1, 2026 through December 31, 2028. Shares ultimately earned under the performance award are expected to be determined and issued by March 15, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance-Based Restricted Stock Units | 5,996 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 5,996 | $0.00 | $0.00 |
Footnotes (2)
- F1. These shares are represented by a resticted stock unit award bearing the right to receive Common Shares and are scheduled to vest in ratable installments over a three-year period from the grant date.
- F2. This reflects the target number of performance-based restricted stock units awarded. Actual awards may vary from as low as zero to as high as 2 times the target. As soon as reasonably practicable following the end of the Performance Period (beginning on January 1, 2026 and ending on December 31, 2028) and in no event later than March 15, 2029, the number of shares that may ultimately be earned will be determined and issued.
FAQ
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What equity awards did David Lee Cummings receive from BENCHMARK ELECTRONICS INC (BHE)?
How do the new Benchmark Electronics (BHE) restricted stock units for David Cummings vest?
How are the performance-based RSUs for Benchmark Electronics (BHE) executive David Cummings structured?
What is the performance period for David Cummings’ performance-based RSUs at Benchmark Electronics (BHE)?
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