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Benchmark Electronics (BHE) CEO Moezidis receives performance and time-based stock awards

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(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Moezidis David reported acquisition or exercise transactions in this Form 4 filing.

Benchmark Electronics President and CEO David Moezidis received equity awards as part of his compensation. He was granted 13,379 performance-based restricted stock units tied to future delivery of an equal number of common shares, and a separate award of 13,379 shares of common stock at no cost.

The performance-based units cover a period beginning on January 1, 2026 and ending on December 31, 2028, with the final number of shares earned ranging from zero to up to twice the 13,379 target units, to be determined and issued no later than March 15, 2029. Following these grants, his directly held common stock position reported in this filing increased to 98,064 shares, and his directly held performance-based restricted stock units totaled 34,791 units.

Positive

  • None.

Negative

  • None.
Insider Moezidis David
Role President and CEO
Type Security Shares Price Value
Grant/Award Performance-Based Restricted Stock Units 13,379 $0.00 --
Grant/Award Common Stock 13,379 $0.00 --
Holdings After Transaction: Performance-Based Restricted Stock Units — 34,791 shares (Direct); Common Stock — 98,064 shares (Direct)
Footnotes (1)
  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. 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.
Performance-based RSU grant 13,379 units Target performance-based restricted stock units granted on March 31, 2026
Time-based stock grant 13,379 shares Common stock grant at $0.00 per share on March 31, 2026
Common stock holdings after grant 98,064 shares Direct common stock held following March 31, 2026 transactions
Performance RSU holdings after grant 34,791 units Direct performance-based restricted stock units after grant
Performance period Jan 1, 2026–Dec 31, 2028 Measurement window for performance-based RSUs
Issuance deadline March 15, 2029 Latest date shares from performance-based RSUs may be determined and issued
Performance-Based Restricted Stock Units financial
"security_title: "Performance-Based Restricted Stock Units""
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
restricted stock unit award financial
"These shares are represented by a resticted stock unit award bearing the right to receive Common Shares"
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
Performance Period financial
"following the end of the Performance Period (beginning on January 1, 2026 and ending on December 31, 2028)"
The performance period is the specific time span over which an investment’s results, an employee’s targets, or a fund’s returns are measured and judged. It matters to investors because the length and start/end of that window determine which gains or losses count toward performance fees, bonus payouts, or benchmark comparisons—much like timing a race decides who wins, the chosen period can change whether results look strong or weak.
SEC Form 4
FORM 4UNITED 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*
Moezidis David

(Last)(First)(Middle)
56 SOUTH ROCKFORD DRIVE

(Street)
TEMPE ARIZONA 85288

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
BENCHMARK ELECTRONICS INC [ BHE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President and CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock03/31/2026A13,379(1)A$098,064D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance-Based Restricted Stock Units$003/31/2026A13,379(2)12/31/2028(2)03/15/2029(2)Common Stock13,379$034,791D
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 Moezidis04/02/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Benchmark Electronics (BHE) CEO David Moezidis report in this Form 4?

David Moezidis reported equity compensation awards, not open-market trades. He received 13,379 performance-based restricted stock units and 13,379 shares of common stock at no cost, increasing his reported direct holdings in Benchmark Electronics.

How many Benchmark Electronics (BHE) performance-based RSUs were granted to the CEO?

He received 13,379 performance-based restricted stock units. Each unit is tied to one common share, with the actual number of shares ultimately earned ranging from zero to up to two times this 13,379 target, based on performance.

What common stock grant did the Benchmark Electronics (BHE) CEO receive?

He received a grant of 13,379 shares of Benchmark Electronics common stock at a price of $0.00 per share. These shares are represented by a restricted stock unit award scheduled to vest in equal installments over three years from the grant date.

How did these awards change David Moezidis’ Benchmark Electronics (BHE) holdings?

After the grants, his directly held common stock reported in this filing totaled 98,064 shares. His directly held performance-based restricted stock units totaled 34,791 units, reflecting the addition of the new 13,379-unit performance-based award.

Over what period are the Benchmark Electronics (BHE) performance-based RSUs measured?

The performance period begins on January 1, 2026 and ends on December 31, 2028. As soon as reasonably practicable after this period, and no later than March 15, 2029, the final number of performance-based units earned will be determined and issued.

Are the Benchmark Electronics (BHE) CEO’s Form 4 transactions open-market buys or sells?

No. The reported transactions are equity compensation awards coded as grants (Code A), not open-market purchases or sales. They reflect stock-based compensation rather than discretionary trading in Benchmark Electronics shares.
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