Benchmark Electronics (NYSE: BHE) director receives 2,093-share restricted stock unit award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BRYAN GLYNIS reported acquisition or exercise transactions in this Form 4 filing.
Benchmark Electronics director Glynis Bryan reported an equity compensation grant rather than an open-market trade. Bryan received 2,093 shares of Common Stock through a restricted stock unit award at no cash cost. These units are scheduled to vest on the earlier of one year from the grant date or the next annual shareholder meeting. Following this grant, Bryan directly holds 6,937 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BRYAN GLYNIS
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,093 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 6,937 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 2,093 shares
Grant price: $0.00 per share
Shares after transaction: 6,937 shares
3 metrics
RSU grant size
2,093 shares
Restricted stock unit award of Common Stock
Grant price
$0.00 per share
Reported transaction price for RSU award
Shares after transaction
6,937 shares
Total Common Stock held directly after grant
Key Terms
restricted stock unit award, Common Stock, annual shareholder meeting
3 terms
restricted stock unit award financial
"These shares are represented by a restricted 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.
Common Stock financial
"security_title: Common Stock; right to receive Common Shares"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Benchmark Electronics (BHE) director Glynis Bryan report?
Glynis Bryan reported an acquisition of 2,093 Benchmark Electronics Common Stock shares as a restricted stock unit award. The grant is a form of equity compensation, not an open-market purchase, and was reported at a price of $0.00 per share.
Is the Benchmark Electronics (BHE) Form 4 transaction a grant or an open-market trade?
The Form 4 shows a grant, not an open-market trade. The transaction is coded “A” for grant or award, with 2,093 restricted stock units awarded at $0.00 per share as part of director compensation.
When do Glynis Bryan’s restricted stock units in Benchmark Electronics (BHE) vest?
The restricted stock units are scheduled to vest either one year from the grant date or at the next annual shareholder meeting, whichever occurs first. At vesting, the units convert into Common Shares for the reporting person.
What type of security was involved in the Benchmark Electronics (BHE) Form 4 for Glynis Bryan?
The security involved is Benchmark Electronics Common Stock, represented by a restricted stock unit award. Each unit carries the right to receive a Common Share upon vesting under the specified schedule in the footnote.