Kimball Electronics Form 4 shows new director equity and phantom units
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
PHILLIPPY ROBERT J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,411 | $28.34 | $125K |
| holding | Phantom Stock units | -- | -- | -- |
Holdings After Transaction:
Common Stock — 15,912 shares (Direct);
Phantom Stock units — 42,924 shares (Direct)
Footnotes (1)
- Acquired pursuant to the Kimball Electronics, Inc. 2023 Equity Incentive Plan 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.
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.
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.