secwatch.observer — SEC 8-K summary
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Issuer:     BENCHMARK ELECTRONICS INC (BHE)
CIK:        0000863436
Form:       8-K
Filed at:   2026-02-24T23:59:59+00:00
Accession:  0001193125-26-067236
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Benchmark Electronics hires David Moezidis as CEO; $900k salary, $4M equity grants
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- David Moezidis becomes President & CEO effective March 31, 2026; base salary $900,000.
- Target annual cash bonus 115% of salary; max 200%; $2.5M equity grant in Feb 2026 plus $1.5M on effective date.
- Annual equity award opportunity for 2027+ set at $4M; mix determined by Compensation Committee.
- Severance: 2x base + target bonus without cause; 3x within 24 months post-change-in-control, accelerated vesting.
- Employment term initially 2 years, auto-renews; includes non-compete and non-solicit covenants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/863436/000119312526067236/0001193125-26-067236-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/863436/000119312526067236/bhe-20260219.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-067236

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer