STOCK TITAN

Benchmark Electronics (NYSE: BHE) grants SVP 5,996 RSUs and 5,996 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Cummings David Lee

(Last) (First) (Middle)
56 S. ROCKFORD DR.

(Street)
TEMPE AZ 85288

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BENCHMARK ELECTRONICS INC [ BHE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP, Chief Commercial Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/20/2026 A 5,996(1) A $0 16,487 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance-Based Restricted Stock Units $0 02/20/2026 A 5,996(2) 12/31/2028(2) 03/15/2029(2) Common Stock 5,996 $0 11,992 D
Explanation of Responses:
1. 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.
2. 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.
/s/ Jason Eastburn by Power of Attorney for David L Cummings 02/24/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider equity awards did Benchmark Electronics (BHE) report for David Lee Cummings?

Benchmark Electronics reported that SVP and Chief Commercial Officer David Lee Cummings received 5,996 performance-based restricted stock units and 5,996 shares of common stock at $0.00 per share. These grants increase his direct equity-based compensation tied to future service and performance outcomes over several years.

How do the performance-based restricted stock units for BHE’s David Lee Cummings work?

The 5,996 performance-based restricted stock units are a target amount that may range from zero to twice that level. The ultimate number of shares earned will depend on performance during a period from January 1, 2026 through December 31, 2028, with issuance by March 15, 2029.

When do David Lee Cummings’ restricted stock unit awards at Benchmark Electronics vest?

The restricted stock unit award granted to David Lee Cummings is scheduled to vest in ratable installments over a three-year period from the grant date. This structure ties continued service at Benchmark Electronics to the gradual delivery of common shares under the award terms.

Does the Form 4 for Benchmark Electronics (BHE) show an insider share purchase or sale?

The Form 4 shows an acquisition through equity awards, not an open-market purchase or sale. David Lee Cummings received grants of performance-based restricted stock units and common stock at $0.00 per share as part of his compensation, increasing his reported direct beneficial ownership.

What is the performance period for Benchmark Electronics’ performance-based units granted to David Lee Cummings?

The performance period for the performance-based restricted stock units begins on January 1, 2026 and ends on December 31, 2028. As soon as reasonably practicable afterward, and no later than March 15, 2029, the final number of shares earned will be determined and issued.
Benchmark Electrs Inc

NYSE:BHE

BHE Rankings

BHE Latest News

BHE Latest SEC Filings

BHE Stock Data

2.06B
34.94M
Electronic Components
Printed Circuit Boards
Link
United States
TEMPE