Benck Jeff 4
Research Summary
AI-generated summary
Benchmark Electronics (BHE) CEO Jeff Benck Sells 25,000 Shares
What Happened
Jeff Benck, CEO and director of Benchmark Electronics (BHE), sold 25,000 shares in an open-market transaction on February 6, 2026. The shares were sold at $58.19 each for a total value of $1,454,750. This was a sale (not a purchase), which is typically viewed as routine insider liquidity rather than a direct bullish signal.
Key Details
- Transaction date: 2026-02-06
- Type: Open-market sale under an established 10b5-1(c) trading plan
- Price per share: $58.19; Total value: $1,454,750
- Shares owned after transaction: Not specified in the provided filing
- Footnote: The filing states the sale was made pursuant to a previously adopted Rule 10b5-1(c) plan (prearranged plan)
- Timeliness: Form 4 filed on 2026-02-11 for the Feb 6 transaction — this is a late filing (filed after the usual two-business-day deadline), which reduces short-term transparency
Context
A 10b5-1 plan means the sale was prearranged and is intended to avoid trading on material nonpublic information; such sales are common for insiders managing diversification or tax planning. For retail investors, purchases are generally more informative about insider conviction than routine, preplanned sales like this one.