Form 4: Benchmark Electronics Director Douglas Britt Acquires and Disposes of Shares

Director Douglas Britt reports acquiring and disposing of Benchmark Electronics (BHE) common stock and restricted stock units.

Summary

• On May 21, 2024, Douglas Britt, a director of Benchmark Electronics Inc. (BHE), acquired 4,038 shares of common stock.
• These shares were acquired through a restricted stock unit award.
• The restricted stock units vest one year from the grant date.
• Britt also disposed of 4,038 shares.
• Following these transactions, Britt beneficially owns 13,109 shares of Benchmark Electronics.
• The transactions were reported on May 22, 2024.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of stock transactions by a company insider.

Positives

• The acquisition of shares through restricted stock units aligns the director's interests with those of the shareholders.

Industry Context

Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their transactions in the company's stock.

Stakeholder Impact

• The disclosure provides transparency to shareholders regarding the transactions of company insiders.

Key Dates