KE director adds 4,411 Phantom Stock units in deferred plan filing

Rhea-AI Filing Summary

Kimball Electronics, Inc. (KE)11/14/2025, the director acquired 4,411 Phantom Stock units at a derivative security price of $28.34. Each Phantom Stock unit is the economic equivalent of one share of common stock under the Kimball Electronics, Inc. Non-Employee Directors Stock Compensation Deferral Plan. After this award, the director beneficially owns 41,442 derivative securities in the form of Phantom Stock units, held directly. These units are payable in common stock when the director’s service terminates, or earlier if the director dies or suffers a severe financial hardship.

11/18/2025 - 02:59 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^*

THAXTON GREGORY A

(Last) (First) (Middle)

1205 KIMBALL BOULEVARD

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
11/14/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

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
Phantom Stock units(1)	(1)	11/14/2025		A		4,411		(1)	(1)	Common Stock	4,411	$28.34	41,442	D

Explanation of Responses:

1. Each Phantom Stock unit is the economic equivalent of one share of common stock. Such units of Phantom Stock were acquired under the Kimball Electronics, Inc. Non-Employee Directors Stock Compensation Deferral Plan. The units of Phantom Stock become payable in common stock at the date the reporting person incurs a termination, or, if earlier, the date the reporting person dies or suffers a severe financial hardship.

Remarks:

	Kimberly E. Cooper, Attorney in Fact and Agent	11/18/2025
	** 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 insider transaction did Kimball Electronics (KE) report on this Form 4?

The filing reports that a director of Kimball Electronics (KE) acquired 4,411 Phantom Stock units on 11/14/2025 under a deferred stock compensation plan.

How many derivative securities does the Kimball Electronics (KE) director now beneficially own?

Following the reported transaction, the director beneficially owns 41,442 derivative securities in the form of Phantom Stock units, held in a direct ownership form.

What is a Phantom Stock unit in the Kimball Electronics (KE) plan?

Each Phantom Stock unit is the economic equivalent of one share of Kimball Electronics common stock and is issued under the Non-Employee Directors Stock Compensation Deferral Plan.

When are the Phantom Stock units for the Kimball Electronics (KE) director payable?

The Phantom Stock units become payable in common stock on the date the director incurs a termination of service, or earlier if the director dies or suffers a severe financial hardship.

What was the price associated with the Phantom Stock units in this Kimball Electronics (KE) Form 4?

The reported price of the derivative security associated with the Phantom Stock units was $28.34 per unit.

What is the relationship of the reporting person to Kimball Electronics (KE)?

The reporting person is identified as a Director of Kimball Electronics, Inc., based on the relationship section of the filing.