Kimball Electronics (KE) grants HR chief 8,219 restricted shares
Rhea-AI Filing Summary
Kimball Electronics, Inc. (KE) reported equity compensation activity for Chief Human Resources Officer Jessica L. DeLorenzo on August 24, 2026. Previously granted 6,783 Restricted Shares vested and were converted into an equal number of common shares, and 3,438 performance based shares vested upon achievement of certified performance criteria. DeLorenzo also received a new grant of 8,219 Restricted Shares scheduled to vest in tranches through August 2029. In connection with these vestings, 4,498 common shares were delivered or withheld at $22.725 per share to satisfy tax obligations.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,723 shares
Net Buy
5 txns
Insider
DeLorenzo Jessica L
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Shares F3 | 6,783 | $0.00 | $0.00 |
| Grant/Award | Restricted Shares F6, F4, F5, F7 | 8,219 | $0.00 | $0.00 |
| Exercise | Common Stock | 6,783 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1 | 3,438 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 4,498 | $22.725 | $102K |
Holdings After Transaction:
Restricted Shares — 16,477 shares (Direct);
Common Stock — 35,318 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 (6,783 shares).
- F4. Represents Restricted Shares that vest in August 2027 (2,740 shares), August 2028 (2,740 shares), and August 2029 (2,739 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 (8,147 shares), August 2028 (5,591 shares), and August 2029 (2,739 shares).
Key Figures
Restricted Shares vested: 6,783 shares
Performance based shares vested: 3,438 shares
New Restricted Shares granted: 8,219 shares
+5 more
8 metrics
Restricted Shares vested
6,783 shares
Previously granted Restricted Shares that vested on August 24, 2026 and converted into common stock
Performance based shares vested
3,438 shares
Performance based shares under the 2023 Equity Incentive Plan that vested on August 24, 2026
New Restricted Shares granted
8,219 shares
Restricted Shares granted to Jessica L. DeLorenzo on August 24, 2026
Shares delivered or withheld for taxes
4,498 shares
Common shares delivered or withheld at $22.725 per share to satisfy tax obligations
Tax-related share value
$22.725 per share
Value used for shares delivered or withheld to satisfy tax obligations
Future vesting 2027
2,740 shares
Restricted Shares scheduled to vest in August 2027 from the new grant
Future vesting 2028
2,740 shares
Restricted Shares scheduled to vest in August 2028 from the new grant
Future vesting 2029
2,739 shares
Restricted Shares scheduled to vest in August 2029 from the new grant
Key Terms
Restricted Shares, performance based shares, 2023 Equity Incentive Plan, Talent, Culture, and Compensation Committee, +1 more
5 terms
2023 Equity Incentive Plan financial
"Reflects performance based shares granted pursuant to the Issuer's 2023 Equity"
Talent, Culture, and Compensation Committee regulatory
"certified by the Talent, Culture, and Compensation Committee of the Board"
tax obligations financial
"Shares withheld to satisfy tax obligations."
FAQ
What equity transactions did KE report for Jessica L. DeLorenzo on this Form 4?
Kimball Electronics reported that 6,783 Restricted Shares vested and converted into common stock, 3,438 performance based shares vested, a new grant of 8,219 Restricted Shares was awarded, and 4,498 common shares were delivered or withheld to cover tax obligations at $22.725 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.