Kimball Electronics (KE) CFO locks in awards, receives 23,453-share grant
Rhea-AI Filing Summary
Kimball Electronics, Inc. (KE) reported equity compensation activity for CFO Jana T. Croom on August 24, 2026. Previously granted 16,727 Restricted Shares vested and were converted into the same number of common shares. In addition, 8,303 performance based shares vested under the 2023 Equity Incentive Plan upon achievement of certified performance criteria. Croom was granted 23,453 new Restricted Shares that vest in tranches in August 2027, 2028, and 2029, and 9,838 common shares were withheld at $22.725 per share to satisfy tax obligations.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 15,192 shares
Net Buy
5 txns
Insider
Croom Jana T
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Shares F3 | 16,727 | $0.00 | $0.00 |
| Grant/Award | Restricted Shares F6, F4, F5, F7 | 23,453 | $0.00 | $0.00 |
| Exercise | Common Stock | 16,727 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1 | 8,303 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 9,838 | $22.725 | $224K |
Holdings After Transaction:
Restricted Shares — 44,291 shares (Direct);
Common Stock — 47,516 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 (16,727 shares).
- F4. Represents Restricted Shares which vest in August 2027 (7,818 shares), August 2028 (7,818 shares), and August 2029 (7,817 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 (21,424 shares), August 2028 (15,050 shares), and August 2029 (7,817 shares).
Key Figures
Vested Restricted Shares: 16,727 shares
Vested performance based shares: 8,303 shares
New Restricted Shares granted: 23,453 shares
+5 more
8 metrics
Vested Restricted Shares
16,727 shares
Restricted Shares granted in prior years that vested on August 24, 2026
Vested performance based shares
8,303 shares
Performance based shares vested on August 24, 2026 upon achievement of performance criteria
New Restricted Shares granted
23,453 shares
Restricted Shares granted to CFO Jana T. Croom vesting in August 2027–2029
Shares withheld for taxes
9,838 shares
Common shares withheld to satisfy tax obligations
Tax withholding price
$22.725 per share
Price used for common shares withheld to satisfy tax obligations
Cumulative Restricted Shares vesting August 2027
21,424 shares
Cumulative Restricted Shares scheduled to vest in August 2027
Cumulative Restricted Shares vesting August 2028
15,050 shares
Cumulative Restricted Shares scheduled to vest in August 2028
Cumulative Restricted Shares vesting August 2029
7,817 shares
Cumulative Restricted Shares scheduled to vest in August 2029
Key Terms
Restricted Shares, performance based shares, 2023 Equity Incentive Plan, withheld to satisfy tax obligations
4 terms
2023 Equity Incentive Plan financial
"Reflects performance based shares granted pursuant to the Issuer's 2023 Equity Incentive Plan"
withheld to satisfy tax obligations financial
"Shares withheld to satisfy tax obligations."
FAQ
What equity awards for CFO Jana T. Croom are reported for Kimball Electronics (KE)?
The filing reports vesting of 16,727 Restricted Shares and 8,303 performance based shares, plus a new grant of 23,453 Restricted Shares scheduled to vest in August 2027, 2028, and 2029, all related to Kimball Electronics’ equity incentive programs.
AI-generated analysis. How Rhea-AI works. Not financial advice.