[Form 4] Kimball Electronics, Inc. Insider Trading Activity
Richard D. Phillips, CEO and director of Kimball Electronics, reported equity changes dated 08/27/2025. Performance-based and restricted shares vested on that date after certification by the Talent, Culture, and Compensation Committee. The filing shows 24,307 performance-based shares vested and were acquired, and an additional 49,936 restricted shares recorded as acquired (with a portion subject to future vesting schedules). To satisfy tax obligations, 49,474 shares were withheld/disposed at a price of $27.97 per share. The report lists beneficial ownership totals following the transactions on several lines: 36,134 shares, 127,285 shares, and 77,811 shares, corresponding to different grant types and holdings. The filing also notes future vesting tranches for restricted shares in 2026–2028 and expiration conditions if employment terminates for reasons other than death, disability, or retirement.
Richard D. Phillips, CEO e membro del consiglio di Kimball Electronics, ha comunicato variazioni di partecipazioni datate 08/27/2025. In quella data si sono consolidate azioni legate a performance e azioni vincolate, a seguito della certificazione del Talent, Culture, and Compensation Committee. La comunicazione indica che 24.307 azioni basate su performance sono state maturate e acquisite e che ulteriori 49.936 azioni vincolate sono state registrate come acquisite (una parte soggetta a future scadenze di maturazione). Per far fronte agli obblighi fiscali, sono state trattenute/disposte 49.474 azioni al prezzo di $27.97 per azione. Il documento riporta i totali di possesso beneficiario dopo le operazioni su più righe: 36.134 azioni, 127.285 azioni e 77.811 azioni, corrispondenti a diversi tipi di assegnazione e detenzioni. Nel filing si segnalano inoltre tranche di maturazione future per le azioni vincolate nel periodo 2026–2028 e condizioni di scadenza in caso di cessazione dell’impiego per motivi diversi da morte, invalidità o pensionamento.
Richard D. Phillips, CEO y director de Kimball Electronics, informó cambios patrimoniales con fecha 08/27/2025. Ese día vencieron acciones basadas en desempeño y acciones restringidas tras la certificación del Talent, Culture, and Compensation Committee. La presentación muestra que 24.307 acciones por desempeño vencieron y fueron adquiridas y que 49.936 acciones restringidas adicionales se registraron como adquiridas (con una parte sujeta a futuros plazos de consolidación). Para cubrir obligaciones fiscales, se retuvieron/dispusieron 49.474 acciones a $27.97 por acción. El informe lista los totales de propiedad beneficiaria tras las transacciones en varias líneas: 36.134 acciones, 127.285 acciones y 77.811 acciones, correspondientes a distintos tipos de otorgamiento y tenencias. La presentación también menciona tramos futuros de consolidación para acciones restringidas en 2026–2028 y condiciones de expiración si la relación laboral termina por causas distintas a muerte, discapacidad o jubilación.
Richard D. Phillips는 Kimball Electronics의 CEO 겸 이사로서 08/27/2025자로 지분 변동을 보고했습니다. 해당 일자에 성과기반 주식과 제한주가 Talent, Culture, and Compensation Committee의 인증 후에 베스팅되었습니다. 제출서류에 따르면 24,307주의 성과기반 주식이 베스트되어 취득되었고, 추가로 49,936주의 제한주가 취득으로 기록되었으며(일부는 향후 베스팅 일정의 대상), 세금 납부를 위해 49,474주가 주당 $27.97에 원천징수/처분되었습니다. 보고서는 거래 후의 실소유 합계를 여러 줄로 기재하고 있으며 36,134주, 127,285주 및 77,811주가 각각 다른 보조금 유형 및 보유에 해당합니다. 제출서류는 또한 2026–2028년의 제한주 향후 베스팅 분할과 사망·장애·은퇴 이외의 사유로 고용이 종료될 경우 만료되는 조건도 명시하고 있습니다.
Richard D. Phillips, PDG et administrateur de Kimball Electronics, a déclaré des mouvements de titres datés 08/27/2025. À cette date, des actions liées à la performance et des actions restreintes ont été acquises après certification par le Talent, Culture, and Compensation Committee. Le dépôt indique que 24 307 actions liées à la performance ont été acquises et que 49 936 actions restreintes supplémentaires ont été enregistrées comme acquises (une partie soumise à des calendriers de vesting futurs). Pour couvrir les obligations fiscales, 49 474 actions ont été retenues/cessées au prix de $27.97 par action. Le rapport donne les totaux de détention bénéficiaire après les opérations sur plusieurs lignes : 36 134 actions, 127 285 actions et 77 811 actions, correspondant à différents types d’attributions et de positions. Le dépôt mentionne également des tranches de vesting futures pour les actions restreintes en 2026–2028 et des conditions d’expiration si l’emploi prend fin pour des motifs autres que décès, invalidité ou retraite.
Richard D. Phillips, CEO und Direktor von Kimball Electronics, meldete Aktienveränderungen zum Datum 08/27/2025. An diesem Tag wurden leistungsabhängige und eingeschränkte Aktien nach Bestätigung durch das Talent, Culture, and Compensation Committee fällig. Die Einreichung zeigt, dass 24.307 leistungsabhängige Aktien fällig wurden und erworben wurden und zusätzlich 49.936 eingeschränkte Aktien als erworben verbucht wurden (ein Teil unterliegt künftigen Vesting-Zeitplänen). Zur Begleichung von Steuerverpflichtungen wurden 49.474 Aktien zum Preis von $27.97 je Aktie einbehalten/verkauft. Der Bericht führt die nach den Transaktionen verbleibenden wirtschaftlichen Besitzstände in mehreren Zeilen auf: 36.134 Aktien, 127.285 Aktien und 77.811 Aktien, entsprechend verschiedenen Zuweisungsarten und Beständen. Weiterhin werden zukünftige Vesting-Tranchen für eingeschränkte Aktien in 2026–2028 sowie Auslaufbedingungen bei Beendigung des Arbeitsverhältnisses aus anderen Gründen als Tod, Invalidität oder Ruhestand vermerkt.
- Performance-based shares vested (24,307 shares) after certification by the Talent, Culture, and Compensation Committee
- Clear multi-year restricted share vesting schedule disclosed for 2026–2028, providing transparency on future compensation timing
- 49,474 shares withheld/disposed to satisfy tax obligations, reducing immediate beneficial ownership; transaction price reported at $27.97 per share
Insights
TL;DR: CEO received performance and restricted shares that vested; a significant block was withheld to cover taxes at $27.97/share.
The transaction reflects routine executive compensation vesting rather than an open-market purchase. 24,307 performance-based shares vested after committee certification, and 49,936 restricted shares are recorded with staged vesting through 2028. A tax-related disposition of 49,474 shares occurred at $27.97 per share, reducing immediate shareholdings. Beneficial ownership lines in the filing show differing totals tied to grant types and prior holdings. For investors, these entries mainly document compensation realization and scheduled future vesting rather than changes to company-wide share count.
TL;DR: Vesting certified by the board committee and tax withholding are disclosed; vesting schedules and forfeiture conditions are explicitly stated.
The filing documents committee-certified achievement of performance criteria for the 2023 Equity Incentive Plan leading to vesting on 08/27/2025. It clearly delineates restricted-share vesting tranches (January 2026; August 2026; August 2027; August 2028) and a forfeiture condition if employment ends for reasons other than death, disability, or retirement. The disclosure follows Section 16 reporting norms, showing both acquired and withheld shares and preserving transparency on executive compensation timing and conditions.
Richard D. Phillips, CEO e membro del consiglio di Kimball Electronics, ha comunicato variazioni di partecipazioni datate 08/27/2025. In quella data si sono consolidate azioni legate a performance e azioni vincolate, a seguito della certificazione del Talent, Culture, and Compensation Committee. La comunicazione indica che 24.307 azioni basate su performance sono state maturate e acquisite e che ulteriori 49.936 azioni vincolate sono state registrate come acquisite (una parte soggetta a future scadenze di maturazione). Per far fronte agli obblighi fiscali, sono state trattenute/disposte 49.474 azioni al prezzo di $27.97 per azione. Il documento riporta i totali di possesso beneficiario dopo le operazioni su più righe: 36.134 azioni, 127.285 azioni e 77.811 azioni, corrispondenti a diversi tipi di assegnazione e detenzioni. Nel filing si segnalano inoltre tranche di maturazione future per le azioni vincolate nel periodo 2026–2028 e condizioni di scadenza in caso di cessazione dell’impiego per motivi diversi da morte, invalidità o pensionamento.
Richard D. Phillips, CEO y director de Kimball Electronics, informó cambios patrimoniales con fecha 08/27/2025. Ese día vencieron acciones basadas en desempeño y acciones restringidas tras la certificación del Talent, Culture, and Compensation Committee. La presentación muestra que 24.307 acciones por desempeño vencieron y fueron adquiridas y que 49.936 acciones restringidas adicionales se registraron como adquiridas (con una parte sujeta a futuros plazos de consolidación). Para cubrir obligaciones fiscales, se retuvieron/dispusieron 49.474 acciones a $27.97 por acción. El informe lista los totales de propiedad beneficiaria tras las transacciones en varias líneas: 36.134 acciones, 127.285 acciones y 77.811 acciones, correspondientes a distintos tipos de otorgamiento y tenencias. La presentación también menciona tramos futuros de consolidación para acciones restringidas en 2026–2028 y condiciones de expiración si la relación laboral termina por causas distintas a muerte, discapacidad o jubilación.
Richard D. Phillips는 Kimball Electronics의 CEO 겸 이사로서 08/27/2025자로 지분 변동을 보고했습니다. 해당 일자에 성과기반 주식과 제한주가 Talent, Culture, and Compensation Committee의 인증 후에 베스팅되었습니다. 제출서류에 따르면 24,307주의 성과기반 주식이 베스트되어 취득되었고, 추가로 49,936주의 제한주가 취득으로 기록되었으며(일부는 향후 베스팅 일정의 대상), 세금 납부를 위해 49,474주가 주당 $27.97에 원천징수/처분되었습니다. 보고서는 거래 후의 실소유 합계를 여러 줄로 기재하고 있으며 36,134주, 127,285주 및 77,811주가 각각 다른 보조금 유형 및 보유에 해당합니다. 제출서류는 또한 2026–2028년의 제한주 향후 베스팅 분할과 사망·장애·은퇴 이외의 사유로 고용이 종료될 경우 만료되는 조건도 명시하고 있습니다.
Richard D. Phillips, PDG et administrateur de Kimball Electronics, a déclaré des mouvements de titres datés 08/27/2025. À cette date, des actions liées à la performance et des actions restreintes ont été acquises après certification par le Talent, Culture, and Compensation Committee. Le dépôt indique que 24 307 actions liées à la performance ont été acquises et que 49 936 actions restreintes supplémentaires ont été enregistrées comme acquises (une partie soumise à des calendriers de vesting futurs). Pour couvrir les obligations fiscales, 49 474 actions ont été retenues/cessées au prix de $27.97 par action. Le rapport donne les totaux de détention bénéficiaire après les opérations sur plusieurs lignes : 36 134 actions, 127 285 actions et 77 811 actions, correspondant à différents types d’attributions et de positions. Le dépôt mentionne également des tranches de vesting futures pour les actions restreintes en 2026–2028 et des conditions d’expiration si l’emploi prend fin pour des motifs autres que décès, invalidité ou retraite.
Richard D. Phillips, CEO und Direktor von Kimball Electronics, meldete Aktienveränderungen zum Datum 08/27/2025. An diesem Tag wurden leistungsabhängige und eingeschränkte Aktien nach Bestätigung durch das Talent, Culture, and Compensation Committee fällig. Die Einreichung zeigt, dass 24.307 leistungsabhängige Aktien fällig wurden und erworben wurden und zusätzlich 49.936 eingeschränkte Aktien als erworben verbucht wurden (ein Teil unterliegt künftigen Vesting-Zeitplänen). Zur Begleichung von Steuerverpflichtungen wurden 49.474 Aktien zum Preis von $27.97 je Aktie einbehalten/verkauft. Der Bericht führt die nach den Transaktionen verbleibenden wirtschaftlichen Besitzstände in mehreren Zeilen auf: 36.134 Aktien, 127.285 Aktien und 77.811 Aktien, entsprechend verschiedenen Zuweisungsarten und Beständen. Weiterhin werden zukünftige Vesting-Tranchen für eingeschränkte Aktien in 2026–2028 sowie Auslaufbedingungen bei Beendigung des Arbeitsverhältnisses aus anderen Gründen als Tod, Invalidität oder Ruhestand vermerkt.
FAQ
Who filed this Form 4 for Kimball Electronics (KE)?
What shares vested on 08/27/2025 for Richard D. Phillips?
How many shares were withheld for taxes and at what price?
What is the future vesting schedule disclosed in the filing?
Are there forfeiture conditions for the restricted shares?
Who certified the performance criteria that led to vesting?
