Form 4: Benchmark Electronics EVP David Valkanoff Reports Tax-Related Stock Transaction
SEC Form 4 Filing
David Valkanoff, EVP and Chief Operating Officer of Benchmark Electronics, reports the withholding of 1,209 common stock shares to cover taxes related to vesting restricted stock units on August 15, 2024.
Summary
- On August 15, 2024, David Valkanoff, the EVP and Chief Operating Officer of Benchmark Electronics, had 1,209 shares of common stock withheld to cover taxes.
- The shares were withheld at a price of $42.66 per share.
- Following the transaction, Valkanoff directly owns 35,522 shares of Benchmark Electronics common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations on vested stock, and doesn't indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax withholding related to the vesting of restricted stock units, a common form of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date of stock transaction (tax withholding) |
| 08/19/2024 | Date of signature on the Form 4 filing |
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