Benchmark Electronics (BHE) president receives performance RSUs and stock grant
Rhea-AI Filing Summary
Benchmark Electronics President David Moezidis reported equity awards and related tax withholding transactions. He received 21,412 performance-based restricted stock units, representing a target award that can range from zero to up to two times this amount based on performance for a period from January 1, 2026 to December 31, 2028. He also acquired 21,412 shares of common stock at no cost in connection with restricted stock units, increasing his direct common stock holdings to 90,136 shares, before 2,389 shares were withheld at a price of $58.38 per share to cover taxes, leaving 87,747 shares directly owned.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance-Based Restricted Stock Units | 21,412 | $0.00 | -- |
| Grant/Award | Common Stock | 21,412 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,389 | $58.38 | $139K |
Footnotes (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. These shares are being withheld to cover taxes related to the vesting of restricted stock units. 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
What did Benchmark Electronics (BHE) President David Moezidis report on this Form 4?
How many performance-based restricted stock units did BHE grant to David Moezidis?
Over what period are David Moezidis’s performance-based RSUs at Benchmark Electronics measured?