Form 4: Benchmark Electronics Director Receives RSU Grant

Benchmark Electronics Director Charles M. Swoboda was granted 3,622 restricted stock units, vesting based on time or the next annual meeting.

Summary

• Charles M. Swoboda, a Director of Benchmark Electronics Inc. (BHE), acquired 3,622 shares of common stock.
• The acquisition occurred on August 21, 2025, at a price of $0 per share.
• These shares are restricted stock units (RSUs) that will vest either one year from the grant date or at the next annual shareholder meeting, whichever comes first.
• Following this transaction, Swoboda beneficially owns 3,622 shares directly.

Sentiment

Score: 7

Explanation: The grant of restricted stock units to a director is a positive step for aligning management interests with shareholder value, though it represents a routine compensation event rather than a significant strategic development.

Positives

• The grant of restricted stock units to Director Charles M. Swoboda aligns his interests with those of shareholders, incentivizing long-term performance.

Negatives

• NA

Risks

• NA

Future Outlook

The restricted stock units granted to Director Charles M. Swoboda are scheduled to vest either one year from the grant date or at the next annual shareholder meeting, whichever is earlier.

Management Comments

• NA

Industry Context

This filing reflects standard executive compensation practices within publicly traded companies, where equity grants like restricted stock units are used to align management and director interests with shareholder value creation.

Comparison to Industry Standards

• The use of restricted stock units (RSUs) as a component of director compensation is a common practice across various industries, including the electronics manufacturing services sector where Benchmark Electronics operates. This method is widely adopted by companies like Jabil Inc. (JBL) and Flex Ltd. (FLEX) to incentivize long-term commitment and performance from their leadership.

Management Changes

Corporate Governance

Legal Proceedings

• NA

Related Party Transactions

• The acquisition of 3,622 restricted stock units by Director Charles M. Swoboda represents a compensation-related transaction with a related party.

Stakeholder Impact

• Shareholders: Interests are better aligned with the director due to equity ownership.
• Employees: No direct impact mentioned.
• Customers: No direct impact mentioned.
• Suppliers: No direct impact mentioned.
• Creditors: No direct impact mentioned.

Next Steps

• Vesting of 3,622 restricted stock units will occur either one year from August 21, 2025, or at the next annual shareholder meeting, whichever is earlier.

Key Dates

Keywords

Benchmark Electronics, BHE, Form 4, Charles M. Swoboda, Restricted Stock Units, RSU, Director compensation, equity grant