Kimball Electronics Inc SEC Filings

Kimball Electronics, Inc. reported results of its annual meeting of share owners held on November 14, 2025. Share owners re-elected three Class II directors—Michele A. M. Holcomb, Tom G. Vadaketh, and Holly A. Van Deursen—to three-year terms, each receiving strong support, including 18,718,355 votes for Mr. Vadaketh, representing 99% of votes cast. Share owners also ratified the appointment of Deloitte & Touche LLP as independent registered public accounting firm for fiscal 2026 with 20,926,348 votes for, or 97% of votes cast.

In addition, share owners approved, on a non-binding advisory basis, the compensation of the company’s named executive officers with 18,229,506 votes for, or 98% of votes cast. After the meeting, the Board confirmed that it is keeping its existing committee and chair assignments in place, with Robert J. Phillippy continuing as Chairperson of the Board and all three Board committees composed entirely of independent directors.

Kimball Electronics, Inc. (KE) reported a Form 4 for a director showing an equity award and updated holdings. On 11/14/2025, the director acquired 7,322 shares of common stock at $28.34 per share, increasing direct ownership to 45,373 common shares. The filing also lists 44,927 phantom stock units, each economically equivalent to one share of common stock, granted under a non-employee director deferral plan. These phantom units are payable in common stock when the director’s service ends, or earlier in the event of death or severe financial hardship.

Kimball Electronics, Inc. (KE) reported an insider equity award for a director. On 11/14/2025, the director acquired 4,411 Phantom Stock units at a derivative security price of $28.34 per unit under the company’s Non-Employee Directors Stock Compensation Deferral Plan. Each Phantom Stock unit is economically equivalent to one share of common stock and becomes payable in common stock when the director’s service ends, or earlier upon death or severe financial hardship. After this transaction, the director beneficially owns 11,085 shares of common stock directly and 80,580 Phantom Stock units as derivative securities.

Kimball Electronics, Inc. (KE)11/14/2025, the director acquired 4,411 Phantom Stock units at a derivative security price of $28.34. Each Phantom Stock unit is the economic equivalent of one share of common stock under the Kimball Electronics, Inc. Non-Employee Directors Stock Compensation Deferral Plan. After this award, the director beneficially owns 41,442 derivative securities in the form of Phantom Stock units, held directly. These units are payable in common stock when the director’s service terminates, or earlier if the director dies or suffers a severe financial hardship.

Kimball Electronics, Inc. (KE) director reported acquiring additional company stock and equity-based units. On 11/14/2025, the reporting person acquired 4,411 shares of common stock at a price of $28.34 per share under the Kimball Electronics, Inc. 2023 Equity Incentive Plan, bringing their directly owned common shares to 10,959. The individual also holds 23,336 Phantom Stock units, each economically equivalent to one share of common stock, granted under the Non-Employee Directors Stock Compensation Deferral Plan. These Phantom Stock units are payable in common stock when the director’s service ends, or earlier upon death or severe financial hardship.

Kimball Electronics (KE) director reported receiving 7,410 phantom stock units on 11/14/2025. These units are linked to the company’s common stock at a reference price of $28.34 per unit, and the reporting person now beneficially owns 37,115 derivative securities in total. Each phantom stock unit is the economic equivalent of one share of common stock and was granted under the Kimball Electronics, Inc. Non-Employee Directors Stock Compensation Deferral Plan. The units will be paid out in common stock when the director’s service terminates, or earlier if the director dies or experiences a severe financial hardship.

Kimball Electronics (KE) director reported receiving additional company stock as part of director compensation. On 11/14/2025, the reporting person acquired 4,411 shares of common stock at $28.34 per share, increasing their directly held stake to 15,912 common shares after the transaction. These shares were granted under the Kimball Electronics, Inc. 2023 Equity Incentive Plan.

The filing also notes 42,924 Phantom Stock units, which are each economically equivalent to one share of common stock. These Phantom Stock units were acquired under the Non-Employee Directors Stock Compensation Deferral Plan and become payable in common stock when the director’s service ends, or earlier if the director dies or experiences a severe financial hardship.

Kimball Electronics, Inc. (KE) reported a change in insider holdings by a director. On 11/14/2025, the reporting person acquired 4,411 shares of common stock in a transaction coded as an acquisition, at a price of $28.34 per share. These shares were acquired pursuant to the Kimball Electronics, Inc. 2023 Equity Incentive Plan.

After this transaction, the director beneficially owns 34,297 common shares in direct ownership. The filing indicates the report is for one reporting person and does not list any derivative securities transactions.

Kimball Electronics (KE) reported Q1 FY2026 results with net sales of $365.6 million, down 2% year over year, while profitability improved. Gross profit rose to $28.8 million (7.9% margin) and operating income reached $14.5 million. Net income increased to $10.1 million, and diluted EPS was $0.40.

End-market mix shifted: Automotive $164.4M (-10%), Medical $101.6M (+13%), and Industrial $99.6M (-3%). Cash from operations was $8.1 million; cash ended at $75.7 million. Total borrowings were $137.9 million with a 5.7% weighted-average interest rate and $294.3 million of total available capacity across facilities. The company repurchased $1.5 million of stock. Restructuring expense was $1.4 million and Tampa closure actions were substantially complete; assets held for sale totaled $6.6 million. Open orders were $593 million. Shares outstanding were 24,338,363 as of October 23, 2025.