Form 4: Benchmark Electronics Executive Sells 5,000 Shares Under 10b5-1 Plan

Stephen J. Beaver, SVP, General Counsel and CLO of Benchmark Electronics, sold 5,000 shares of common stock at $50.47 per share on November 12, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• Stephen J. Beaver, a Senior Vice President, General Counsel, and Chief Legal Officer at Benchmark Electronics, sold 5,000 shares of the company's common stock.
• The sale occurred on November 12, 2024, at a price of $50.47 per share.
• This transaction was executed under a pre-existing Rule 10b5-1 trading plan.
• Following the sale, Mr. Beaver directly owns 85,172 shares of Benchmark Electronics.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction under a pre-arranged plan, indicating a neutral sentiment.

Industry Context

This is a routine filing for an executive stock sale and is not unusual in the context of corporate governance and executive compensation.

Comparison to Industry Standards

• Sales by executives under 10b5-1 plans are common practice across publicly traded companies.
• The size of the sale is not unusual for an executive at this level.
• Many companies use 10b5-1 plans to allow executives to sell shares without being accused of insider trading.

Stakeholder Impact

• The sale may have a minor impact on the stock price, but is unlikely to be significant given the pre-planned nature of the transaction.

Key Dates

Keywords

insider trading, stock sale, Rule 10b5-1, Benchmark Electronics, executive, BHE, equity