Benchmark Electronics (NYSE: BHE) grants 2,093 RSUs to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Britt Douglas reported acquisition or exercise transactions in this Form 4 filing.
Benchmark Electronics director Britt Douglas received a grant of 2,093 shares of Common Stock in the form of restricted stock units at no 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 award, Douglas directly holds 20,046 Common Stock shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Britt Douglas
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,093 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 20,046 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant: 2,093 shares
Grant price: $0.00 per share
Post-grant holdings: 20,046 shares
3 metrics
RSU grant
2,093 shares
Restricted stock unit award of Common Stock
Grant price
$0.00 per share
Equity compensation with no cash paid by director
Post-grant holdings
20,046 shares
Common Stock directly held after the award
Key Terms
restricted stock unit award, vest, 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.
vest financial
"are scheduled to vest either one-year from the date of grant or the next annual shareholder meeting"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did Benchmark Electronics (BHE) report for Britt Douglas?
Benchmark Electronics reported that director Britt Douglas received an award of 2,093 shares of Common Stock via restricted stock units. The grant was at no cost and increased Douglas’s direct holdings to 20,046 shares after the transaction.
What is the vesting schedule for Britt Douglas’s new restricted stock units at BHE?
The restricted stock unit award to Britt Douglas is scheduled to vest on the earlier of one year from the grant date or the next annual shareholder meeting. This time-based vesting aligns director compensation with continued service to Benchmark Electronics.