STOCK TITAN

KE Form 4/A Amends Withheld Shares; Beneficial Ownership Adjusted to 7,528

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

Kimball Electronics, Inc. (KE) Form 4/A shows an amended insider transaction by Adam M. Baumann, identified as an officer (Chief Accounting Officer). On 08/27/2025 shares were withheld to satisfy tax obligations under transaction code F, with 1,766 shares withheld at a reported price of $27.97. Following the withholding, the reporting person beneficially owned 7,528 shares directly. The amendment corrects the original Form 4 filing to reduce the withheld share count by one (from 1,767 to 1,766) and to increase the reported beneficial ownership by one share (from 7,527 to 7,528). The Form 4/A is signed by an agent, Kimberly E. Cooper, Attorney in Fact, dated 09/05/2025.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Amendment corrects minor counting error; transaction was routine tax-withholding of equity.

The amendment clarifies a small numeric error in the originally filed Form 4, adjusting withheld shares by one and the resulting beneficial ownership by one share. The underlying transaction is a common administrative withholding to satisfy tax obligations rather than an open-market sale or purchase. The reported price of $27.97 likely reflects the withholding valuation for the equity settlement. This disclosure improves record accuracy but does not indicate a change in insider intent or material shift in ownership.

TL;DR: Governance process functioning: insider corrected filing and an agent certified the amendment.

The filing demonstrates adherence to Section 16 reporting requirements by filing an amended Form 4 to correct share counts. Use of an attorney-in-fact to sign the amendment is documented. The change is immaterial in size (one share) but important for accurate public records. There is no evidence in this filing of new derivative activity, additional disposals, or material governance events tied to executive control.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Baumann Adam M

(Last) (First) (Middle)
1205 KIMBALL BLVD.

(Street)
JASPER IN 47546

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Kimball Electronics, Inc. [ KE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/27/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
08/29/2025
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/27/2025 F(1) 1,766(2) D $27.97 7,528 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares withheld to satisfy tax obligations.
2. The original Form 4, filed on August 29, 2025, is being amended by this Form 4 amendment solely to correct the number of shares withheld to satisfy tax obligations in the third row of Table I, as the original Form 4 amount reported of 1,767 was overstated by 1 share. This Form 4 amendment also corrects the number of share beneficially owned by the Reporting Person following the transaction from 7,527 to 7,528.
Remarks:
Kimberly E. Cooper, Attorney in Fact and Agent 09/05/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What change did the Form 4/A for Kimball Electronics (KE) make?

The amendment corrected the number of shares withheld for taxes from 1,767 to 1,766 and adjusted beneficial ownership from 7,527 to 7,528.

Who filed the amended Form 4 for KE and what is their role?

The reporting person is Adam M. Baumann, identified as an officer with the title Chief Accounting Officer. The form is signed by Kimberly E. Cooper, Attorney in Fact.

What type of transaction is reported on the Form 4/A for KE?

The transaction is reported with code F, indicating shares withheld to satisfy tax obligations, with 1,766 shares withheld at $27.97.

When did the reported transaction occur?

The transaction date is 08/27/2025, and the amendment was executed with signature dated 09/05/2025.

Did the amendment indicate any new derivative activity or additional disposals?

No. Table II (derivative securities) contains no reported transactions; the amendment only corrects non-derivative share counts.
Kimball Electronics Inc

NASDAQ:KE

KE Rankings

KE Latest News

KE Latest SEC Filings

KE Stock Data

705.33M
23.62M
2.54%
78.99%
1.75%
Electrical Equipment & Parts
Printed Circuit Boards
Link
United States
JASPER