Benchmark Electrs Inc SEC Filings

Benchmark Electronics (NYSE: BHE) filed its Q3 2025 10‑Q, reporting sales of $680.7 million, up modestly from $657.7 million a year ago, while diluted EPS was $0.39 versus $0.42. Net income was $14.3 million compared with $15.4 million. For the first nine months, sales were $1.95 billion versus $2.00 billion, with net income of $18.9 million versus $44.9 million as a higher tax burden weighed on results.

The company refinanced its debt on June 27, 2025 with a $700 million credit agreement comprising a $550 million revolver and a $150 million term loan, both maturing in 2030. As of September 30, it had $149.1 million outstanding on the term loan, $70.0 million on the revolver, and $475.6 million available; a $149.1 million notional swap fixes a portion at 3.965% plus spread. Operating cash flow was $65.3 million year‑to‑date versus $143.3 million last year; cash and equivalents were $285.4 million, and inventories declined to $509.0 million.

The effective tax rate rose to 30.7% in Q3 and 58.6% year‑to‑date, driven by foreign withholding taxes on repatriated dividends and deferred taxes on China earnings. BHE repurchased $10.0 million of shares in Q3 ($26.0 million year‑to‑date) and paid a $0.17 quarterly dividend declared on September 9, 2025.

Benchmark Electronics (BHE) furnished an 8-K to announce its results of operations for the quarter ended September 30, 2025. The company issued a press release and an accompanying investor presentation, which are provided as Exhibits 99.1 and 99.2 and incorporated by reference. The disclosure under Item 2.02, including these exhibits, is furnished and not deemed filed under the Exchange Act.

Benchmark Electronics (BHE): Schedule 13G/A (Amendment No. 2) reports that Franklin Mutual Advisers, LLC beneficially owns 2,656,002 shares of common stock, representing 7.4% of the class as of the event date. The filer reports sole voting power over 2,500,522 shares and sole dispositive power over 2,656,002 shares, with no shared voting or dispositive power.

The filing states the securities are held in the ordinary course of business and not for the purpose of changing or influencing control. Dividends and sale proceeds are attributable to clients of Franklin Mutual Advisers, including registered investment companies and other managed accounts.

Benchmark Electronics (BHE): Schedule 13G/A Amendment No. 1 filed by First Trust entities. The filing reports beneficial ownership of 1,544,630 shares of common stock, representing 4.30% of the class as of the stated event date. The reporting persons are First Trust Portfolios L.P., First Trust Advisors L.P., and The Charger Corporation.

The group reports zero sole voting and dispositive power, with shared voting power over 1,504,678 shares and shared dispositive power over 1,544,630 shares. The shares are largely held within unit investment trusts sponsored by First Trust, whose trustee votes the shares to mirror outside holders. The filers certify the holdings were acquired and are held in the ordinary course and not for the purpose of changing or influencing control.

Benchmark Electronics (BHE) reported an insider transaction by EVP and Chief Financial Officer Bryan Robert Schumaker on 10/14/2025. A Form 4 shows a Code F transaction in which 2,204 shares of common stock were withheld at $37.77 per share to cover taxes related to the vesting of restricted stock units. Following this administrative withholding, Schumaker directly beneficially owns 22,479 shares of BHE common stock.

Initial Form 3 filing: Mike Slessor, listed as a Director of Benchmark Electronics Inc (BHE), filed an initial Section 16 Form 3 reporting beneficial ownership status for the event dated 10/07/2025. The form shows 0 shares of Common Stock owned directly and no derivative securities reported. The filing was signed by Jason Eastburn by Power of Attorney for Mike Slessor on 10/10/2025 and includes Exhibit 24 (Power of Attorney).

Benchmark Electronics, Inc. reported a change in its Board of Directors. On October 7, 2025, the company appointed Dr. Michael Slessor as an independent director and as a member of the Board’s audit committee. His appointment follows the unexpected passing of long-time director Robert Gifford, who had served on the Board since 2016.

Dr. Slessor has more than 25 years of experience in the semiconductor industry and currently serves as CEO of FormFactor, Inc. He previously held leadership roles at MicroProbe and KLA Corporation. As a non-employee director in 2025, he will receive the company’s standard Board compensation: an annual cash retainer of $85,000, additional annual retainers of $10,000 for service on the Audit and Human Capital and Compensation Committees and $7,500 for service on the Nominating, Sustainability and Governance Committee, plus an annual RSU grant with a grant-date fair value of $180,000. His retainer and initial RSU grant will be prorated from his start date, with the RSU scheduled to vest on May 13, 2026.

Jan M. Janick, Senior Vice President and Chief Technology Officer of Benchmark Electronics (BHE), reported an insider sale. On 09/08/2025 Ms. Janick disposed of 10,004 shares of Benchmark common stock at $40.50 per share, leaving her with 62,368 shares beneficially owned. The Form 4 was signed by a power of attorney on 09/10/2025. No derivative transactions or additional plans were disclosed in this filing.

Benchmark Electronics, Inc. reported that its Board of Directors has declared a cash quarterly dividend of $0.17 per share of common stock. The dividend is scheduled to be paid on October 13, 2025 to shareholders who are on the company’s books as of the close of business on September 30, 2025. This update confirms a specific cash return to shareholders on the stated record and payment dates.