Beaver Stephen J 4
Research Summary
AI-generated summary
Benchmark Electronics (BHE) SVP Stephen J. Beaver Sells 20,000 Shares
What Happened
- Stephen J. Beaver, SVP, General Counsel and Chief Legal Officer of Benchmark Electronics (BHE), sold 20,000 shares on 2026-06-11.
- The shares were sold at $86.25 each, generating total proceeds of $1,725,000.
- This was a sale (not a purchase); sales by insiders are often routine and do not necessarily signal a change in company outlook.
Key Details
- Transaction date and price: 2026-06-11 at $86.25 per share.
- Total value: $1,725,000.
- Transaction type: Sale (code S) — described as an open-market or private sale; the Form 4 notes it was executed pursuant to a pre-established Rule 10b5-1(c) trading plan.
- Shares owned after transaction: Not specified in the information provided in this summary (see the Form 4 for the post-transaction ownership figure).
- Filing timeliness: Report filed on 2026-06-11 (no late filing indicated in the provided data).
- Accession: 0001193125-26-267991.
Context
- The filing states the trade was made under a previously adopted Rule 10b5-1(c) plan. Such plans allow insiders to set automatic trades in advance and can help avoid timing-based interpretation of individual trades; they do not necessarily reflect the insider’s current view of the company.
- For retail investors, purchases by insiders are often more informative about confidence than routine scheduled sales, but monitoring insider activity over time can still provide useful context.