Kimball Electronics (NASDAQ: KE) CCO locks in 14,360 shares and a 13,531-share equity grant
Rhea-AI Filing Summary
Kimball Electronics, Inc. (KE) reported insider equity activity by Chief Commercial Officer Kathy R. Thomson on August 24, 2026. Previously granted Restricted Shares totaling 10,486 shares vested and were converted into the same number of Common Shares, and 3,874 performance based shares vested under the 2023 Equity Incentive Plan. To cover related tax obligations, 6,743 Common Shares were withheld at $22.725 per share. Thomson also received a new grant of 13,531 Restricted Shares, scheduled to vest in tranches in August 2027, 2028, and 2029, which generally expire if employment ends other than for death, disability, or retirement.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7,617 shares
Net Buy
5 txns
Insider
Thomson Kathy R
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Shares F3 | 10,486 | $0.00 | $0.00 |
| Grant/Award | Restricted Shares F6, F4, F5, F7 | 13,531 | $0.00 | $0.00 |
| Exercise | Common Stock | 10,486 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1 | 3,874 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 6,743 | $22.725 | $153K |
Holdings After Transaction:
Restricted Shares — 27,152 shares (Direct);
Common Stock — 42,074 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 (10,486 shares).
- F4. Represents Restricted Shares which vest in August 2027 (4,511 shares), August 2028 (4,510 shares), and August 2029 (4,510 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 (13,438 shares), August 2028 (9,204 shares), and August 2029 (4,510 shares).
Key Figures
Vested Restricted Shares: 10,486 shares
Vested performance based shares: 3,874 shares
Shares withheld for tax obligations: 6,743 shares
+5 more
8 metrics
Vested Restricted Shares
10,486 shares
Restricted Shares granted in prior years that vested on August 24, 2026
Vested performance based shares
3,874 shares
Performance based shares under the 2023 Equity Incentive Plan vesting on August 24, 2026
Shares withheld for tax obligations
6,743 shares
Common Shares withheld to satisfy tax obligations at vesting
Tax withholding price per share
$22.725 per share
Value used for shares withheld to satisfy tax obligations
New Restricted Share grant
13,531 shares
New Restricted Shares of Common Stock granted on August 24, 2026
Future vesting 2027 Restricted Shares
13,438 shares
Cumulative Restricted Shares scheduled to vest in August 2027
Future vesting 2028 Restricted Shares
9,204 shares
Cumulative Restricted Shares scheduled to vest in August 2028
Future vesting 2029 Restricted Shares
4,510 shares
Cumulative Restricted Shares scheduled to vest in August 2029
Key Terms
Restricted Shares, performance based shares, Equity Incentive Plan, tax obligations, +1 more
5 terms
Equity Incentive Plan financial
"granted pursuant to the Issuer's 2023 Equity Incentive Plan which vested on August 24, 2026"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
tax obligations financial
"Shares withheld to satisfy tax obligations."
Rule 10b5-1 regulatory
"The Form 4’s Rule 10b5-1 checkbox is not affirmed"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transactions did KE officer Kathy R. Thomson report on August 24, 2026?
Kathy R. Thomson reported vesting of 10,486 Restricted Shares into Common Stock, vesting of 3,874 performance based shares, tax withholding of 6,743 shares at $22.725 per share, and a new grant of 13,531 Restricted Shares with future vesting dates.
Were Kathy R. Thomson’s KE transactions made under a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5-1 checkbox is not affirmed (aff_10b5_one is false), and no footnote indicates a Rule 10b5-1 trading plan, so the transactions are not identified as being made under such a plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
