Benchmark Electronics (NYSE: BHE) SVP has 1,006 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Benchmark Electronics senior vice president and chief HR officer Rhonda R. Turner reported a small share disposition related to taxes on equity compensation. On the vesting of restricted stock units, 1,006 shares of common stock were withheld at a price of $60.36 per share to cover tax obligations. After this tax-withholding disposition, Turner directly holds 42,667 shares of Benchmark Electronics common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Turner Rhonda R
Role
SVP, Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,006 | $60.36 | $61K |
Holdings After Transaction:
Common Stock — 42,667 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Rhonda R. Turner report for BENCHMARK ELECTRONICS INC (BHE)?
Rhonda R. Turner reported a tax-related share disposition. On restricted stock unit vesting, 1,006 common shares were withheld at $60.36 per share to cover taxes, rather than being sold in the open market.
Was the BHE insider transaction by Rhonda R. Turner an open-market sale?
The transaction was not an open-market sale. It was a tax-withholding disposition, where 1,006 shares were withheld to satisfy taxes triggered by the vesting of restricted stock units awarded as compensation.
What does transaction code "F" mean in Rhonda R. Turner’s BHE Form 4 filing?
Transaction code "F" indicates payment of a tax liability or exercise price by delivering or withholding securities. In this case, 1,006 BHE shares from vested restricted stock units were withheld to pay taxes, rather than being sold in a discretionary trade.