Form 4: Benchmark Electronics EVP David Moezidis Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
David Moezidis, EVP and Chief Commercial Officer of Benchmark Electronics, disposed of 5,006 shares of common stock on August 15, 2024, to cover taxes related to vesting restricted stock units.
Summary
- On August 15, 2024, David Moezidis, the EVP and Chief Commercial Officer of Benchmark Electronics, disposed of 5,006 shares of the company's common stock.
- The transaction was executed at a price of $42.66 per share.
- The disposal was conducted to cover taxes related to the vesting of restricted stock units.
- Following the transaction, Moezidis directly owns 60,608 shares of Benchmark Electronics common stock.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to an executive's stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Executive stock transactions are a common occurrence in publicly traded companies. Form 4 filings are a standard requirement by the SEC to ensure transparency in insider trading.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date of stock disposal transaction |
| 08/19/2024 | Date of Form 4 filing |
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