[Form 3] Kimball Electronics, Inc. Initial Statement of Beneficial Ownership
Rhea-AI Filing Summary
Kimball Electronics, Inc. (KE) reported the initial ownership of one of its officers, who serves as VP IR & Strategy and Treasurer. The reporting person directly owns 4,784 shares of common stock. In addition, they hold several grants of restricted shares that will convert into common stock if service conditions are met and do not expire due to termination.
These restricted share awards include 346 shares granted on August 29, 2023 that vest in August 2026; 2,105 shares granted on June 1, 2024 that vest in June 2026 and June 2027; 1,393 shares granted on August 29, 2024 that vest in August 2026 and August 2027; and 2,503 shares granted on August 27, 2025 that vest in August 2026, August 2027, and August 2028. The restricted shares generally expire if employment ends for reasons other than death, disability, or retirement.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Shares | -- | -- | -- |
| holding | Restricted Shares | -- | -- | -- |
| holding | Restricted Shares | -- | -- | -- |
| holding | Restricted Shares | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents Restricted Shares granted on 8/29/2023 that vest August 2026 (346 shares). The Restricted Shares expire if the reporting person ceases employment for any reason other than death, disability, or retirement. Not Applicable. Represents Restricted Shares granted on 6/1/2024 that vest June 2026 (1,052 shares) and June 2027 (1,053 shares). Represents Restricted Shares granted on 8/29/2024 that vest August 2026 (697 shares) and August 2027 (696 shares). Represents Restricted Shares granted on 8/27/2025 that vest August 2026 (835 shares), August 2027 (834 shares), and August 2028 (834 shares).