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Kimball COO gifts 5,000 shares to charities

Kimball Electronics’ COO reported gifting 5,000 KE shares while retaining restricted and retirement-related holdings.

(Neutral)
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Form Type
4

Rhea-AI Filing Summary

Kimball Electronics, Inc. (KE) reported that Chief Operating Officer Steven T. Korn made bona fide gifts of 5,000 shares of common stock on September 3, 2026, to charitable and educational organizations. He continues to hold 60,627 Restricted Shares that vest between August 2027 and August 2029, plus 17,148 shares held indirectly through a retirement fund.

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Negative

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Insider Korn Steven T
Role Chief Operating Officer
Type Security Shares Price Value
Gift Common Stock F1 4,000 $0.00 $0.00
Gift Common Stock F2 1,000 $0.00 $0.00
holding Restricted Shares F3, F4 -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 131,683 shares (Direct); Restricted Shares — 60,627 contracts (Direct); Common Stock — 17,148 shares (Indirect, Retirement Fund)
Footnotes (4)
  1. F1. Gifted shares to charitable organization.
  2. F2. Gifted shares to charitable education organization.
  3. F3. Represents Restricted Shares which vest in August 2027 (29,753 shares), August 2028 (22,981 shares), and August 2029 (7,893 shares).
  4. F4. The Restricted Shares expire if the reporting person ceases employment for any reason other than death, disability, or retirement.
Shares gifted to charitable organization 4,000 shares Bona fide gift of common stock on September 3, 2026 to a charitable organization
Shares gifted to charitable education organization 1,000 shares Bona fide gift of common stock on September 3, 2026 to a charitable education organization
Total Restricted Shares held directly 60,627 shares Restricted Shares of Kimball Electronics common stock held directly after the reported gifts
Restricted Shares vesting August 2027 29,753 shares Portion of Restricted Shares scheduled to vest in August 2027
Restricted Shares vesting August 2028 22,981 shares Portion of Restricted Shares scheduled to vest in August 2028
Restricted Shares vesting August 2029 7,893 shares Portion of Restricted Shares scheduled to vest in August 2029
Indirect shares held through retirement fund 17,148 shares Common stock of Kimball Electronics held indirectly via a retirement fund
Exercise price of Restricted Shares $0.00 per share Reported exercise price associated with the Restricted Shares position
Restricted Shares financial
"Represents Restricted Shares which vest in August 2027"
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.
Retirement Fund financial
"Common Stock held indirectly through a Retirement Fund"
bona fide gift financial
"Gifted shares to charitable organization."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
vest financial
"Represents Restricted Shares which vest in August 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

FAQ

What insider transaction did KE’s COO Steven T. Korn report?

He reported making bona fide gifts of 5,000 shares of Kimball Electronics common stock on September 3, 2026, consisting of 4,000 shares to a charitable organization and 1,000 shares to a charitable education organization.

How many KE shares did the COO gift on September 3, 2026?

On September 3, 2026, Steven T. Korn gifted a total of 5,000 shares of Kimball Electronics common stock: 4,000 shares to a charitable organization and 1,000 shares to a charitable education organization.

What Restricted Shares in KE does the COO hold after the reported transactions?

He is reported as holding 60,627 Restricted Shares of Kimball Electronics common stock, which vest in August 2027 (29,753 shares), August 2028 (22,981 shares), and August 2029 (7,893 shares), subject to continued employment conditions.

Does KE’s COO have indirect holdings after the gifts?

Yes. The filing shows an indirect holding of 17,148 shares of Kimball Electronics common stock through a retirement fund, in addition to his directly held Restricted Shares.

Were the KE share gifts by the COO made under a Rule 10b5-1 trading plan?

The filing does not report the transactions as being made under a Rule 10b5-1 trading plan; the related certification box is not checked and no footnote describes a trading plan.

What conditions apply to the KE Restricted Shares held by the COO?

The Restricted Shares expire if Steven T. Korn ceases employment for any reason other than death, disability, or retirement. They vest in three tranches in August 2027, August 2028, and August 2029, as specified in the filing footnotes.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Operating Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock09/03/2026G4,000(1)D$0132,683D
Common Stock09/03/2026G1,000(2)D$0131,683D
Common Stock17,148IRetirement 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Shares$0 (3) (4)Common Stock60,62760,627D
Explanation of Responses:
1. Gifted shares to charitable organization.
2. Gifted shares to charitable education organization.
3. Represents Restricted Shares which vest in August 2027 (29,753 shares), August 2028 (22,981 shares), and August 2029 (7,893 shares).
4. The Restricted Shares expire if the reporting person ceases employment for any reason other than death, disability, or retirement.
Remarks:
Kimberly E. Cooper, Attorney in Fact and Agent09/04/2026
** Signature of Reporting PersonDate
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)

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