Form 4: Benchmark Electronics EVP David Valkanoff Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
David Valkanoff, EVP and Chief Operating Officer of Benchmark Electronics, disposed of 2,223 shares of common stock on February 24, 2025, to cover taxes related to vesting restricted stock units.
Summary
- On February 24, 2025, David Valkanoff, the EVP and Chief Operating Officer of Benchmark Electronics, disposed of 2,223 shares of common stock.
- The transaction was executed to cover taxes associated with the vesting of restricted stock units.
- The shares were sold at a price of $40.32 per share.
- Following the transaction, Valkanoff directly owns 49,883 shares of Benchmark Electronics.
- The transaction was reported on February 26, 2025.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing relates to a routine transaction for tax purposes.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations from vested stock, which is a common occurrence.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Date of stock disposal transaction. |
| 02/26/2025 | Date of Form 4 filing. |
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