STOCK TITAN

Kimball Electronics (KE) awards Hass 13,831 restricted shares

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

For Kimball Electronics, Inc. (KE), officer Douglas Hass reported compensation-related equity activity on August 24, 2026. Previously granted 12,132 Restricted Shares vested and were converted into an equal number of common shares, while 6,751 common shares were withheld to satisfy tax obligations. Hass also received a new grant of 13,831 Restricted Shares that will vest in tranches in August 2027, 2028, and 2029, plus 3,422 performance based common shares that vested upon certification of performance criteria.

Positive

  • None.

Negative

  • None.
Insider Hass Douglas
Role CL & AO, Secretary
Type Security Shares Price Value
Exercise Restricted Shares F3 12,132 $0.00 $0.00
Grant/Award Restricted Shares F6, F4, F5, F7 13,831 $0.00 $0.00
Exercise Common Stock 12,132 $0.00 $0.00
Grant/Award Common Stock F1 3,422 $0.00 $0.00
Tax Withholding Common Stock F2 6,751 $22.725 $153K
Holdings After Transaction: Restricted Shares — 32,157 shares (Direct); Common Stock — 29,050 shares (Direct)
Footnotes (7)
  1. F1. Reflects performance based shares granted pursuant to the Issuer's 2023 Equity Incentive Plan which vested on August 24, 2026 upon the achievement of certain performance criteria certified by the Talent, Culture, and Compensation Committee of the Board of Directors of the Issuer.
  2. F2. Shares withheld to satisfy tax obligations.
  3. F3. Represents Restricted Shares granted in prior years that vested on August 24, 2026 (12,132 shares).
  4. F4. Represents Restricted Shares which vest in August 2027 (4,611 shares), August 2028 (4,610 shares), and August 2029 (4,610 shares).
  5. F5. The Restricted Shares expire if the reporting person ceases employment for any reason other than death, disability, or retirement.
  6. F6. Not Applicable.
  7. F7. Represents cumulative Restricted Shares that vest August 2027 (15,368 shares), August 2028 (12,179 shares), and August 2029 (4,610 shares).
Vested Restricted Shares 12,132 shares Restricted Shares granted in prior years that vested on August 24, 2026
New Restricted Share grant 13,831 shares Restricted Shares granted to vest in August 2027, 2028, and 2029
Performance based shares vested 3,422 shares Performance based shares vested on August 24, 2026 under 2023 Equity Incentive Plan
Shares withheld for taxes 6,751 shares Common shares withheld to satisfy tax obligations on August 24, 2026
Tax withholding value per share $22.725 per share Value used for 6,751 common shares withheld for tax obligations
Future vesting cumulative Restricted Shares August 2027 15,368 shares Cumulative Restricted Shares scheduled to vest in August 2027
Future vesting cumulative Restricted Shares August 2028 12,179 shares Cumulative Restricted Shares scheduled to vest in August 2028
Future vesting cumulative Restricted Shares August 2029 4,610 shares Cumulative Restricted Shares scheduled to vest in August 2029
Restricted Shares financial
"Represents Restricted Shares granted in prior years that vested on August 24, 2026"
Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.
performance based shares financial
"Reflects performance based shares granted pursuant to the Issuer's 2023 Equity"
2023 Equity Incentive Plan financial
"Reflects performance based shares granted pursuant to the Issuer's 2023 Equity"
tax obligations financial
"Shares withheld to satisfy tax obligations."
expire financial
"The Restricted Shares expire if the reporting person ceases employment"

FAQ

What equity awards did Douglas Hass receive from Kimball Electronics (KE) on August 24, 2026?

Douglas Hass received a grant of 13,831 Restricted Shares of Kimball Electronics common stock, scheduled to vest in August 2027, 2028, and 2029, and 3,422 performance based common shares that vested after performance criteria were certified.

What previously granted Restricted Shares of KE vested for Douglas Hass on August 24, 2026?

Previously granted awards of 12,132 Restricted Shares in Kimball Electronics vested on August 24, 2026 and were converted into an equal number of common shares, as disclosed in the Form 4 footnotes.

How many Kimball Electronics (KE) shares were withheld for taxes for Douglas Hass?

On August 24, 2026, 6,751 shares of Kimball Electronics common stock were withheld from Douglas Hass to satisfy tax obligations related to his equity awards, at a reported value of $22.725 per share.

When will Douglas Hass’s new Restricted Shares in KE vest?

The new grant of 13,831 Restricted Shares to Douglas Hass is scheduled to vest in tranches: 4,611 shares in August 2027, 4,610 shares in August 2028, and 4,610 shares in August 2029, subject to continued employment and award terms.

What conditions apply to Douglas Hass’s Restricted Shares in Kimball Electronics (KE)?

The filing states that the Restricted Shares expire if Douglas Hass ceases employment for any reason other than death, disability, or retirement, indicating forfeiture risk tied to continued employment.

Are Douglas Hass’s transactions in KE stock part of open-market buying or selling?

No open-market purchases or sales are reported. The Form 4 shows equity award vesting, new grants, and shares withheld for taxes, rather than discretionary market trades.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Hass Douglas

(Last)(First)(Middle)
1205 KIMBALL BOULEVARD

(Street)
JASPER INDIANA 47546

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Kimball Electronics, Inc. [ KE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CL & AO, Secretary
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/24/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock08/24/2026M12,132A$032,379D
Common Stock08/24/2026A3,422(1)A$035,801D
Common Stock08/24/2026F(2)6,751D$22.72529,050D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Shares$008/24/2026M12,132 (3) (3)Common Stock12,132$018,326D
Restricted Shares$008/24/2026A13,831 (4) (5)Common Stock13,831$0(6)32,157(7)D
Explanation of Responses:
1. Reflects performance based shares granted pursuant to the Issuer's 2023 Equity Incentive Plan which vested on August 24, 2026 upon the achievement of certain performance criteria certified by the Talent, Culture, and Compensation Committee of the Board of Directors of the Issuer.
2. Shares withheld to satisfy tax obligations.
3. Represents Restricted Shares granted in prior years that vested on August 24, 2026 (12,132 shares).
4. Represents Restricted Shares which vest in August 2027 (4,611 shares), August 2028 (4,610 shares), and August 2029 (4,610 shares).
5. The Restricted Shares expire if the reporting person ceases employment for any reason other than death, disability, or retirement.
6. Not Applicable.
7. Represents cumulative Restricted Shares that vest August 2027 (15,368 shares), August 2028 (12,179 shares), and August 2029 (4,610 shares).
Remarks:
Kimberly E. Cooper, Attorney in Fact and Agent08/26/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)