Benchmark Electronics (NYSE: BHE) CFO receives new RSUs and withholds shares for taxes
Rhea-AI Filing Summary
Benchmark Electronics EVP and CFO Bryan Robert Schumaker reported equity awards and related tax withholding transactions. On February 20, 2026, he received a grant of 12,847 performance-based restricted stock units, representing a target award that can range from zero to twice this amount based on a performance period from January 1, 2026 through December 31, 2028, with final shares determined and issued by March 15, 2029.
He also acquired 12,847 and 8,565 common shares through restricted stock unit awards that vest in ratable installments over three years and two years, respectively, from the grant date. In a separate transaction, 1,330 common shares at $58.38 per share were disposed of to cover taxes related to the vesting of restricted stock units, leaving him with 42,561 common shares held directly after these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance-Based Restricted Stock Units | 12,847 | $0.00 | -- |
| Grant/Award | Common Stock | 12,847 | $0.00 | -- |
| Grant/Award | Common Stock | 8,565 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,330 | $58.38 | $78K |
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.