Kimball COO vests 25,153 shares, 20,065 performance units

Q: What equity awards did KE’s COO Steven T. Korn receive on August 24, 2026?

Steven T. Korn received a new grant of 23,679 Restricted Shares of Kimball Electronics common stock, scheduled to vest in three equal installments in August 2027, August 2028, and August 2029, subject to continued employment and the plan terms.

Q: Which prior equity awards vested for KE’s COO on August 24, 2026?

On August 24, 2026, 25,153 Restricted Shares granted in prior years vested and were converted into 25,153 common shares. In addition, 20,065 performance based shares vested into common stock under the 2023 Equity Incentive Plan after performance criteria were certified.

Q: How many KE shares were withheld to pay taxes for Steven T. Korn’s awards?

To satisfy tax obligations related to the vesting events, 19,660 common shares of Kimball Electronics were withheld at a price of $22.725 per share, as disclosed in the transaction coded “F” and the related tax footnote.

Q: Did Steven T. Korn buy or sell Kimball Electronics shares on the open market?

The reported transactions involve vesting of Restricted and performance based shares, a new grant of Restricted Shares, and shares withheld for taxes at $22.725 per share. There is no disclosure of open-market purchases or sales in these transactions.

Q: What indirect Kimball Electronics holdings are reported for Steven T. Korn?

An indirect holding of 17,148 common shares of Kimball Electronics is reported in a Retirement Fund following the August 24, 2026 transactions, indicating an additional position separate from his directly held equity awards.

Q: Are Steven T. Korn’s vested KE shares tied to performance conditions?

Yes. The 20,065 common shares identified as performance based shares vested under the 2023 Equity Incentive Plan after the Talent, Culture, and Compensation Committee certified achievement of specified performance criteria.

Kimball Electronics, Inc. (KE) reported multiple equity compensation events for Chief Operating Officer Steven T. Korn on August 24, 2026.

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Rhea-AI Filing Summary

Kimball Electronics, Inc. (KE) reported multiple equity compensation events for Chief Operating Officer Steven T. Korn on August 24, 2026. Prior-year 25,153 Restricted Shares vested and were converted into an equal number of common shares, and 20,065 performance based shares vested into common stock under the 2023 Equity Incentive Plan. Korn also received a new grant of 23,679 Restricted Shares that vest annually from August 2027 to August 2029. To cover tax obligations, 19,660 common shares were withheld at $22.725 per share. An indirect holding of 17,148 common shares is reported in a Retirement Fund after these transactions.

Insider Trade Summary

25,153 shares exercised/converted

Exercise 6 txns

Insider Korn Steven T

Role Chief Operating Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Shares ^F3	25,153	$0.00	$0.00
Grant/Award	Restricted Shares ^{F6, F4, F5, F7}	23,679	$0.00	$0.00
Exercise	Common Stock	25,153	$0.00	$0.00
Grant/Award	Common Stock ^F1	20,065	$0.00	$0.00
Tax Withholding	Common Stock ^F2	19,660	$22.725	$447K
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Shares — 60,627 contracts (Direct); Common Stock — 136,683 shares (Direct); Common Stock — 17,148 shares (Indirect, Retirement Fund)

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 (25,153 shares).
F4. Represents Restricted Shares which vest in August 2027 (7,893 shares), August 2028 (7,893 shares), and August 2029 (7,893 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 (29,753 shares), August 2028 (22,981 shares), and August 2029 (7,893 shares).

Key Figures

Restricted Shares vested: 25,153 shares Performance based shares vested: 20,065 shares New Restricted Shares granted: 23,679 shares +3 more

6 metrics

Restricted Shares vested 25,153 shares Represents Restricted Shares granted in prior years that vested on August 24, 2026

Performance based shares vested 20,065 shares Performance based shares under the 2023 Equity Incentive Plan vested on August 24, 2026

New Restricted Shares granted 23,679 shares Restricted Shares granted to vest in August 2027, August 2028, and August 2029

Shares withheld for tax obligations 19,660 shares at $22.725 per share Common shares withheld to satisfy tax obligations on August 24, 2026

Indirect common stock holdings 17,148 shares Common stock held indirectly through a Retirement Fund after August 24, 2026

Restricted Shares from prior grant converted 25,153 shares Restricted Shares converted into common stock upon vesting on August 24, 2026

Key Terms

Restricted Shares, performance based shares, 2023 Equity Incentive Plan, Retirement Fund, +1 more

5 terms

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

"granted pursuant to the Issuer's 2023 Equity Incentive Plan which vested"

Retirement Fund financial

"total_shares_following_transaction 17148.0000 ... nature_of_ownership Retirement Fund"

tax obligations financial

"Shares withheld to satisfy tax obligations."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What equity awards did KE’s COO Steven T. Korn receive on August 24, 2026?

Steven T. Korn received a new grant of 23,679 Restricted Shares of Kimball Electronics common stock, scheduled to vest in three equal installments in August 2027, August 2028, and August 2029, subject to continued employment and the plan terms.

Which prior equity awards vested for KE’s COO on August 24, 2026?

On August 24, 2026, 25,153 Restricted Shares granted in prior years vested and were converted into 25,153 common shares. In addition, 20,065 performance based shares vested into common stock under the 2023 Equity Incentive Plan after performance criteria were certified.

How many KE shares were withheld to pay taxes for Steven T. Korn’s awards?

To satisfy tax obligations related to the vesting events, 19,660 common shares of Kimball Electronics were withheld at a price of $22.725 per share, as disclosed in the transaction coded “F” and the related tax footnote.

Did Steven T. Korn buy or sell Kimball Electronics shares on the open market?

The reported transactions involve vesting of Restricted and performance based shares, a new grant of Restricted Shares, and shares withheld for taxes at $22.725 per share. There is no disclosure of open-market purchases or sales in these transactions.

What indirect Kimball Electronics holdings are reported for Steven T. Korn?

An indirect holding of 17,148 common shares of Kimball Electronics is reported in a Retirement Fund following the August 24, 2026 transactions, indicating an additional position separate from his directly held equity awards.

Are Steven T. Korn’s vested KE shares tied to performance conditions?

Yes. The 20,065 common shares identified as performance based shares vested under the 2023 Equity Incentive Plan after the Talent, Culture, and Compensation Committee certified achievement of specified performance criteria.

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

Form 4 Insider Transactions: What Each Field Means →

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Available on EDGAR 08/26/2026 - 02:42 PM Accepted by SEC EDGAR 08/26/2026 - 02:41 PM

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^*

Korn Steven T

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Operating Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/24/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	08/24/2026		M		25,153	A	$0	136,278	D
Common Stock	08/24/2026		A		20,065⁽¹⁾	A	$0	156,343	D
Common Stock	08/24/2026		F⁽²⁾		19,660	D	$22.725	136,683	D
Common Stock								17,148	I	Retirement Fund

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Shares	$0	08/24/2026		M			25,153	⁽³⁾	⁽³⁾	Common Stock	25,153	$0	36,948	D
Restricted Shares	$0	08/24/2026		A		23,679		⁽⁴⁾	⁽⁵⁾	Common Stock	23,679	$0⁽⁶⁾	60,627⁽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 (25,153 shares).

4. Represents Restricted Shares which vest in August 2027 (7,893 shares), August 2028 (7,893 shares), and August 2029 (7,893 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 (29,753 shares), August 2028 (22,981 shares), and August 2029 (7,893 shares).

Remarks:

	Kimberly E. Cooper, Attorney in Fact and Agent	08/26/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR