Benchmark Electronics (NYSE: BHE) SVP receives RSU grants and tax-share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Benchmark Electronics SVP and Chief HR Officer Rhonda R. Turner received equity awards and had shares withheld for taxes. On February 20, 2026, she acquired 6,424 performance-based restricted stock units at no cost, with the actual shares to be determined after a performance period running from January 1, 2026 to December 31, 2028.
She also received two additional grants of 6,424 common-share-based restricted stock units, each vesting in ratable installments over two and three years from the grant date. To cover taxes on vesting, 1,345 common shares were disposed of at $58.38 per share, leaving her with 46,204 common shares directly owned.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Turner Rhonda R
Role
SVP, Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance-Based Restricted Stock Units | 6,424 | $0.00 | -- |
| Grant/Award | Common Stock | 6,424 | $0.00 | -- |
| Grant/Award | Common Stock | 6,424 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,345 | $58.38 | $79K |
Holdings After Transaction:
Performance-Based Restricted Stock Units — 12,848 shares (Direct);
Common Stock — 41,125 shares (Direct)
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 represented by a resticted stock unit award bearing the right to receive Common Shares and are scheduled to vest in ratable installments over a two-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 equity awards did BHE executive Rhonda R. Turner receive on February 20, 2026?
Rhonda R. Turner received three equity awards on February 20, 2026: 6,424 performance-based restricted stock units and two additional grants of 6,424 restricted stock units tied to common shares each. All awards were granted at no cash cost, subject to vesting schedules and performance conditions.
How do the performance-based restricted stock units for BHE’s Rhonda Turner work?
Turner’s 6,424 performance-based restricted stock units represent a target award. Actual shares earned can range from zero to twice the target. The performance period runs from January 1, 2026 to December 31, 2028, with earned shares determined and issued no later than March 15, 2029.
What are the vesting terms of Rhonda Turner’s time-based restricted stock units at BHE?
The time-based restricted stock units tied to common shares vest in ratable installments. One award vests over a three-year period from the grant date, and another vests over a two-year period. This structure gradually delivers shares as continuing service and other conditions are met.
Do these BHE equity awards involve any upfront cash outlay by Rhonda Turner?
No, the reported equity awards involve no upfront cash payment by Rhonda Turner. The restricted stock units and related common stock grants were issued at a stated price of $0.00 per share, with value realized over time through vesting and, for performance units, based on future performance.