Kimball Electronics Form 4 shows new director equity and phantom units

Rhea-AI Filing Summary

Kimball Electronics (KE) director reported receiving additional company stock as part of director compensation. On 11/14/2025, the reporting person acquired 4,411 shares of common stock at $28.34 per share, increasing their directly held stake to 15,912 common shares after the transaction. These shares were granted under the Kimball Electronics, Inc. 2023 Equity Incentive Plan.

The filing also notes 42,924 Phantom Stock units, which are each economically equivalent to one share of common stock. These Phantom Stock units were acquired under the Non-Employee Directors Stock Compensation Deferral Plan and become payable in common stock when the director’s service ends, or earlier if the director dies or experiences a severe financial hardship.

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
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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^*

PHILLIPPY ROBERT J

(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
Common Stock	11/14/2025		A(1)		4,411	A	$28.34	15,912	D

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(2)	(2)							(2)	(2)	Common Stock	42,924		42,924	D

Explanation of Responses:

1. Acquired pursuant to the Kimball Electronics, Inc. 2023 Equity Incentive Plan

2. 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 report shows a director acquired 4,411 shares of Kimball Electronics common stock on 11/14/2025 at a price of $28.34 per share under an equity incentive plan.

How many Kimball Electronics (KE) shares does the reporting person own after the transaction?

Following the reported transaction, the director beneficially owns 15,912 shares of Kimball Electronics common stock in direct ownership.

Under which plan were the new Kimball Electronics (KE) shares granted?

The 4,411 common shares were acquired pursuant to the Kimball Electronics, Inc. 2023 Equity Incentive Plan.

What are the Phantom Stock units disclosed for Kimball Electronics (KE)?

42,924 Phantom Stock units are reported, each economically equivalent to one share of Kimball Electronics common stock and held as a deferred form of compensation.

When do the Phantom Stock units for Kimball Electronics (KE) become payable?

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

Which compensation plan governs the Phantom Stock units for Kimball Electronics (KE)?

The Phantom Stock units were acquired under the Kimball Electronics, Inc. Non-Employee Directors Stock Compensation Deferral Plan.