LAMNECK KENNETH T 4
Research Summary
AI-generated summary
Benchmark Electronics (BHE) Director Kenneth T. Lamneck Receives RSU Award
What Happened
- Kenneth T. Lamneck, a director of Benchmark Electronics, received a grant of 2,093 restricted stock units (RSUs) on 2026-05-27. The report shows an acquisition at $0.00 per share (total reported value $0), reflecting an award rather than a cash purchase.
- This is a compensation/award transaction (not a market purchase or sale) and typically represents deferred equity compensation rather than an immediate investment signal.
Key Details
- Transaction date: 2026-05-27; Form 4 filed: 2026-05-28 (appears timely).
- Grant: 2,093 RSUs; reported price: $0.00; reported total value: $0.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: These RSUs represent the right to receive common shares and are scheduled to vest either one year from the grant date or at the next annual shareholder meeting, whichever is earlier.
- No 10b5-1 plan, tax-withholding sale, or immediate sale noted in this filing.
Context
- RSUs are a form of equity compensation that convert into shares only after vesting; they are not the same as an open-market purchase or immediate sale. Because vesting is delayed, these grants are routine compensation for executives and directors and do not necessarily indicate a personal market view.
- The $0 reported value reflects that these were granted (awarded) rather than bought; any taxable event and share issuance will occur at vesting per the award terms.