Kimball Electronics (KE) awards Hass 13,831 restricted shares
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 Trade Summary
Net Buyer: 8,803 shares
Net Buy
5 txns
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)
- 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.
- F2. Shares withheld to satisfy tax obligations.
- F3. Represents Restricted Shares granted in prior years that vested on August 24, 2026 (12,132 shares).
- F4. Represents Restricted Shares which vest in August 2027 (4,611 shares), August 2028 (4,610 shares), and August 2029 (4,610 shares).
- F5. The Restricted Shares expire if the reporting person ceases employment for any reason other than death, disability, or retirement.
- F6. Not Applicable.
- F7. Represents cumulative Restricted Shares that vest August 2027 (15,368 shares), August 2028 (12,179 shares), and August 2029 (4,610 shares).
Key Figures
Vested Restricted Shares: 12,132 shares
New Restricted Share grant: 13,831 shares
Performance based shares vested: 3,422 shares
+5 more
8 metrics
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
Key Terms
Restricted Shares, performance based shares, 2023 Equity Incentive Plan, tax obligations, +1 more
5 terms
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.
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.