Benck Jeff 4
Research Summary
AI-generated summary
Benchmark Electronics (BHE) CEO Jeff Benck Sells Shares
What Happened
- Jeff Benck, CEO and Director of Benchmark Electronics (BHE), sold a total of 15,000 shares in two open-market transactions. He disposed of 100 shares on 2026-01-20 at $50.00 ($5,000) and 14,900 shares on 2026-01-21 at $50.24 ($748,576), for aggregate proceeds of approximately $753,576. These were sales (not purchases) and are typically viewed as routine insider selling.
Key Details
- Transaction dates and prices:
- 2026-01-20: sold 100 shares at $50.00 each (proceeds $5,000).
- 2026-01-21: sold 14,900 shares at $50.24 each (proceeds $748,576).
- Total shares sold: 15,000; total proceeds ≈ $753,576.
- Plan/footnote: Transactions were made pursuant to a previously adopted plan complying with Rule 10b5-1(c) (prearranged sales).
- Filing: Form 4 filed 2026-01-22 (no late filing indicated in the report).
- Shares owned after the transactions: not specified in the provided filing.
Context
- Rule 10b5-1 plans allow insiders to execute preplanned trades on a schedule and can indicate the sales were prearranged rather than opportunistic; they do not, by themselves, signal the insider’s current view of the company’s outlook.
- For retail investors, purchases generally carry more weight as a bullish signal; routine sales under a 10b5-1 plan are common for liquidity or diversification and should be interpreted with that in mind.