In a recent filing, Bryan Robert Schumaker, the Chief Financial Officer of Benchmark Electronics, reported acquiring 2,204 shares of the company’s common stock. This transaction, dated October 14, 2026, underscores Schumaker's confidence in Benchmark's ongoing growth and stability.
Benchmark Electronics, Inc., operates in the electronics manufacturing sector, specifically focusing on printed circuit boards. The company is based in Tempe, Arizona, and is known for its commitment to quality and innovation in manufacturing. The recent acquisition by Schumaker may signal a positive outlook for the company amidst a competitive landscape.
According to the filing, Schumaker's transaction was executed at a price of $74.37 per share. Following this acquisition, he now holds a total of 40,357 shares in the company. The filing noted that these shares were withheld to cover taxes related to the vesting of restricted stock units.
This development may impact various stakeholders, including investors and employees, as it reflects the leadership's commitment to the company's future. The electronics manufacturing industry continues to evolve, and such transactions can influence market perceptions and investor confidence.
Details were not available in the SEC filing regarding any future actions following this acquisition.
Additional Insights from the SEC Filing
The SEC filing indicates that Bryan Robert Schumaker is currently serving as the Executive Vice President and Chief Financial Officer of Benchmark Electronics. This role places him in a significant position to influence the company's financial strategies and operational decisions.
Benchmark Electronics, Inc. is incorporated in Texas and operates under the Central Index Key (CIK) number 0000863436. The company is classified under the Standard Industrial Classification (SIC) code for printed circuit boards, reflecting its specialized focus within the electronics manufacturing sector.
Furthermore, the filing specifies that the transaction was categorized under the code 'D', indicating that it was an acquisition of shares. The shares were acquired directly by Schumaker, demonstrating his personal investment in the company.
“These shares are being withheld to cover taxes related to the vesting of restricted stock units.”
While the filing provides detailed information about the transaction, it does not include any insights into Schumaker's future plans regarding his holdings or any additional transactions that may be anticipated.