Benchmark SVP awarded 5,996 RSUs and 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 SVP and Chief Commercial Officer David Lee Cummings reported equity awards consisting of 5,996 performance-based restricted stock units and 5,996 shares of common stock granted at a price of $0.00 per share.
The restricted stock unit award is scheduled to vest in equal installments over three years from the grant date. The 5,996 performance-based units represent a target amount; the actual number earned can range from zero to twice this target based on results over a performance period from January 1, 2026 through December 31, 2028, with final shares 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.
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What insider equity awards did Benchmark Electronics (BHE) report for David Lee Cummings?
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