BENCHMARK ELECTRONICS INC
For the period ended Apr 17, 2026. Filed Apr 17, 2026.
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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Apr 17, 2026 · Filed Apr 17, 2026
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9.5
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934
(Amendment No. )
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| ☐ | Confidential, For Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |
| ☒ | Definitive Proxy Statement |
| ☐ | Definitive Additional Materials |
| ☐ | Soliciting Material Under §240.14a-12 |
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2024 Benchmark Pr
56 South Rockford Drive
Tempe, Arizona 85288
NOTICE OF 2026 ANNUAL MEETING OF SHAREHOLDERSTO BE HELD ON THURSDAY, MAY 28, 2026
| Date:Thursday, May 28, 2026 Time:8:00 a.m. local time Location:Benchmark Electronics, Inc.56 South Rockford DriveTempe, Arizona 85288 | AGENDA:1.to elect nine (9) directors to serve on the Company's Board of Directors until the 2027 annual meeting of shareholders and until their successors are duly elected and qualified;2.to approve the advisory resolution approving the compensation of the Company’s named executive officers;3.to ratify the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026; 4.to approve an amendment to the Benchmark Electronics, Inc. 2019 Omnibus Incentive Compensation Plan to increase the total number of authorized shares of the Company’s common stock available for grant thereunder by 1,800,000 shares; and5.to transact such other business as may properly come before the meeting or any adjournment thereof. |
|---|
RECORD DATE
Shareholders of record of Benchmark Electronics, Inc. (the“Company”) at the close of business on April 2, 2026 are entitled to notice of and to vote at the meeting and any adjournment thereof. You are cordially invited to attend the meeting.
By order of the Board of Directors,
/s/ Stephen J. Beaver
Stephen J. Beaver
Secretary
Tempe, Arizona
April 17, 2026
| YOUR VOTE IS IMPORTANT | ||
|---|---|---|
| Regardless of whether you plan to attend the meeting, please act promptly to vote your shares. You may vote in person or by using a proxy as follows: | ||
| By Internet: | By Telephone: | By Mail: |
| Go to www.proxypush.com/BHE.Please have the Notice of Internet Availability ofProxy Materials (the “Notice”) we sent to youin hand because it has your personal controlnumber(s) needed for your vote. | Call 1-866-206-5293 on a touch-tonephone. Please have the Notice we sentto you in hand because it has yourpersonal control number(s) needed foryour vote. | Please request written materials asprovided in the Notice; then complete,sign and date the proxy card andreturn it to the address indicatedthereon. |
Your proxy is revocable at any time before it is voted at the meeting.
IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE ANNUAL MEETING OF SHAREHOLDERS TO BE
HELD ON MAY 28, 2026:
THE PROXY MATERIALS FOR THE ANNUAL MEETING, INCLUDING THIS PROXY STATEMENT AND THE COMPANY’S 2025 ANNUAL
REPORT TO SHAREHOLDERS, ARE AVAILABLE AS PROVIDED IN THE NOTICE.
TABLE OF CONTENTS
| INTRODUCTION | 1 |
|---|---|
| PROPOSAL 1 — ELECTION OF DIRECTORS | 4 |
| Nominees for Election | 4 |
| Board Tenure, Skills and Qualifications | 4 |
| Election Procedures; Term | 11 |
| Executive Officers | 11 |
| Corporate Governance, Committee Charters, Shareholder Communications | 13 |
| Sustainability | 14 |
| Operation of Board of Directors and Committees, Attendance, Director Independence | 18 |
| Certain Transactions | 21 |
| Human Capital and Compensation Committee Interlocks and Insider Participation | 21 |
| Delinquent Section 16(a) Reports | 21 |
| COMPENSATION DISCUSSION AND ANALYSIS | 22 |
| Executive Summary | 23 |
| What Guides our Programs | 24 |
| Philosophy and Objectives | 24 |
| Primary Components of Compensation | 24 |
| The Decision-Making Process | 25 |
| Timing of Compensation Decisions | 26 |
| 2025 Executive Compensation Program in Detail | 26 |
| Base Salary | 26 |
| Annual Incentives | 26 |
| Long-Term Equity-Based Incentive Program | 28 |
| 2026 Executive Compensation Program Decisions | 30 |
| Other Compensation Practices, Policies and Guidelines | 30 |
| Share Ownership Guidelines | 30 |
| Hedging, Short Sales and Pledging Policies | 30 |
| Securities Trading Policy | 30 |
| Deferred Compensation Benefits | 30 |
| Retirement Benefits | 30 |
| Perquisites and Personal Benefits | 31 |
| Clawback Policy | 31 |
| Analysis of Compensation Risk | 31 |
| Certain Tax Considerations | 32 |
| HUMAN CAPITAL AND COMPENSATION COMMITTEE REPORT | 33 |
| COMPENSATION TABLES AND NARRATIVES | 34 |
| PROPOSAL 2 — ADVISORY VOTE ON COMPENSATION OF THE COMPANY’S NAMED EXECUTIVE OFFICERS | 47 |
| COMMON SHARE OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT | 48 |
| PROPOSAL 3 — RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM | 50 |
| AUDIT COMMITTEE REPORT | 51 |
| PROPOSAL 4 — APPROVAL OF AMENDMENT TO THE BENCHMARK ELECTRONICS, INC. 2019 OMNIBUS INCENTIVE COMPENSATION PLAN | 53 |
| EXPENSES OF SOLICITATION | 60 |
| DATE OF SUBMISSION OF SHAREHOLDER PROPOSALS AND DIRECTOR NOMINATIONS | 60 |
| OTHER MATTERS | 61 |
| ANNEX A: SECOND AMENDMENT TO THE BENCHMARK ELECTRONICS, INC. 2019 OMNIBUS INCENTIVE COMPENSATION PLAN | 62 |
i Benchmark. Benchmark Electronics, Inc. • 2026 Proxy Statement
56 South Rockford Drive
Tempe, AZ 85288
(623) 300-7000
April 17, 2026
PROXY STATEMENT FOR2026 ANNUAL MEETING OF SHAREHOLDERSTO BE HELD ON THURSDAY, MAY 28, 2026
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