The cluster is small relative to market cap, involves only directors (not C-suite), and lacks any nearby earnings/restatement/offering filing that would raise concern. Monitor for any non-10b5-1 pattern over the next 60 days — if additional director sales emerge in similar size, the signal would strengthen. For now, treat as routine portfolio diversification.
Price Chart
Executive Summary
Two directors at Benchmark Electronics sold a combined $3.93M in shares over three trading days. The sales represent ~0.14% of the $2.9B market cap, a modest amount that falls within routine diversification parameters. No C-suite insiders participated, and no material corporate event (earnings, restatement, late filing) has been filed in the prior 30 days, reducing the likelihood of informed selling.
Key Financial Metrics
Key Facts
- Director David W. Scheible sold 23,000 shares at ~$85 on 2026-05-13, netting $1.95M.
- Director Kenneth T. Lamneck sold 24,300 shares at ~$81.49 on 2026-05-12, netting $1.98M.
- Two-director cluster totaling $3.93M represents about 0.14% of BHE's $2.9B market cap.
- No C-suite executives (CEO, CFO, COO) sold — the sellers are both non-executive directors.
- SVP/CHRO Rhonda R. Turner made a non-cash gift of 400 shares (value $0) within the same cluster window.
- Cross-filing calibrations flag multiple amplifiers, but the underlying content is routine and low-dollar — no override warranted.
Financial Impact
Two director sales totaling ~$3.93M, ~0.14% of market cap
Risk Factors
- If director Scheible or Lamneck continue selling at an accelerating pace, the inference shifts from diversification to potential caution.
- Benchmark's sale-only insider activity over the trailing 30 days ($8.43M total including these) warrants watching for a broader pattern.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-BHE-1779313517098 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 4, 2026 11w ago | Institutional Cluster | $85.41 $70.48 | ▼ −17.48% | ▼ −16.24% | $66.81 (−21.78%) |
May 15, 2026 23w ago | Insider Cluster | $84.94 $91.31 | ▲ +7.50% | ▲ +5.38% | $66.81 (−21.35%) |
May 15, 2026 23w ago | Insider Cluster | $84.94 $91.31 | ▲ +7.50% | ▲ +5.38% | $66.81 (−21.35%) |
May 6, 2026 24w ago | Insider Cluster | $86.60 $88.24 | ▲ +1.89% | ▼ −0.89% | $66.81 (−22.86%) |
Apr 29, 2026 25w ago | 8-K | $82.05 $84.46 | ▲ +2.94% | ▼ −2.29% | $66.81 (−18.58%) |
Apr 17, 2026 27w ago | DEFA14A | $65.73 $82.79 | ▲ +25.95% | ▲ +21.75% | $66.81 (+1.64%) |
Feb 24, 2026 34w ago | 8-K | $60.17 $58.84 | ▼ −2.20% | ▲ +3.03% | $66.81 (+11.03%) |
US Market Status
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