STOCK TITAN

[Form 4] Kimball Electronics, Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Jessica L. DeLorenzo, Chief Human Resources Officer of Kimball Electronics, reported multiple equity transactions on 08/27/2025. Performance-based shares granted under the 2023 Equity Incentive Plan vested, and restricted shares vested as scheduled, resulting in acquisitions recorded at $0 per share. Separately, 5,579 shares were withheld and disposed of at $27.97 to satisfy tax withholding obligations. After these transactions the filing shows the reporting person beneficially owned 29,595 shares. Some restricted shares remain subject to future vesting through August 2028 and will lapse if employment ends for reasons other than death, disability, or retirement.

Jessica L. DeLorenzo, Chief Human Resources Officer di Kimball Electronics, ha registrato più transazioni azionarie il 27/08/2025. Le azioni legate alle prestazioni assegnate dal 2023 Equity Incentive Plan sono maturate e le azioni vincolate sono venute a scadenza come previsto, con acquisizioni riportate a $0 per azione. In separata sede, 5.579 azioni sono state trattenute e cedute a $27.97 per adempiere agli obblighi di ritenuta fiscale. Dopo queste operazioni, la comunicazione indica che la persona segnalante deteneva beneficiariamente 29.595 azioni. Alcune azioni vincolate rimangono soggette a future maturazioni fino ad agosto 2028 e si estingueranno in caso di cessazione del rapporto di lavoro per motivi diversi da decesso, invalidità o pensionamento.

Jessica L. DeLorenzo, Chief Human Resources Officer de Kimball Electronics, informó varias transacciones de acciones el 27/08/2025. Las acciones condicionadas al desempeño otorgadas bajo el 2023 Equity Incentive Plan vencieron, y las acciones restringidas se liberaron según lo programado, registrándose adquisiciones a $0 por acción. Por separado, se retuvieron y vendieron 5.579 acciones a $27.97 para cubrir obligaciones de retención fiscal. Tras estas operaciones, el informe muestra que la persona informante poseía beneficiariamente 29.595 acciones. Algunas acciones restringidas siguen sujetas a futuros periodos de consolidación hasta agosto de 2028 y caducarán si el empleo termina por causas distintas a muerte, discapacidad o jubilación.

Jessica L. DeLorenzo, Kimball Electronics의 최고인사책임자(CHRO)는 2025-08-27에 여러 지분 거래를 보고했습니다. 2023년 주식 인센티브 플랜에 따라 부여된 성과기반 주식이 확정(베스팅)되었고, 제한주 또한 예정대로 베스팅되어 취득가는 주당 $0로 기록되었습니다. 별도로 세금 원천징수 목적을 위해 5,579주가 원천징수되어 주당 $27.97에 처분되었습니다. 이 거래 후 보고서에는 보고인이 실질적으로 29,595주를 보유하고 있는 것으로 나타납니다. 일부 제한주는 2028년 8월까지 추가 베스팅 조건이 남아 있으며, 사망·장애·퇴직을 제외한 사유로 고용이 종료되면 소멸됩니다.

Jessica L. DeLorenzo, Chief Human Resources Officer de Kimball Electronics, a déclaré plusieurs opérations sur titres le 27/08/2025. Les actions à caractère incitatif liées à la performance attribuées dans le cadre du 2023 Equity Incentive Plan ont acquis leurs droits, et les actions restreintes ont également été levées comme prévu, avec des acquisitions enregistrées à 0 $ par action. Par ailleurs, 5 579 actions ont été retenues et cédées à 27,97 $ pour couvrir les obligations de retenue fiscale. Après ces opérations, la déclaration indique que la personne déclarante détenait à titre bénéficiaire 29 595 actions. Certaines actions restreintes restent soumises à des périodes d'acquisition futures jusqu'en août 2028 et seront annulées si l'emploi prend fin pour des motifs autres que décès, invalidité ou retraite.

Jessica L. DeLorenzo, Chief Human Resources Officer von Kimball Electronics, meldete mehrere Aktiengeschäfte am 27.08.2025. Leistungsabhängige Aktien, die im Rahmen des 2023 Equity Incentive Plan gewährt wurden, sind fällig geworden, und beschränkte Aktien sind wie geplant verfallen, wobei die Anschaffungen mit $0 pro Aktie verbucht wurden. Separat wurden 5.579 Aktien einbehalten und zu $27.97 veräußert, um Steuerabzugsverpflichtungen zu erfüllen. Nach diesen Transaktionen weist die Meldung aus, dass die meldende Person wirtschaftlich 29.595 Aktien besaß. Einige beschränkte Aktien unterliegen weiterhin zukünftigen Vesting-Bedingungen bis August 2028 und verfallen, wenn das Beschäftigungsverhältnis aus anderen Gründen als Tod, Invalidität oder Ruhestand endet.

Positive
  • Performance-based shares vested under the 2023 Equity Incentive Plan after committee certification, increasing beneficial ownership
  • Restricted shares vested as scheduled, and additional restricted tranches remain in place through August 2028 to support retention
Negative
  • 5,579 shares were disposed (withheld) at $27.97 to satisfy tax obligations, reducing net holdings
  • Some restricted shares will be forfeited if employment ceases for reasons other than death, disability, or retirement

Insights

TL;DR: Routine executive equity vesting with tax withholding; not a material change to control.

The Form 4 discloses scheduled vesting of both performance-based and prior restricted shares for the CHRO, consistent with long-term compensation practices. The withholding sale of 5,579 shares at $27.97 was executed solely to satisfy tax obligations, reducing net holdings to 29,595 shares. These events reflect standard equity compensation settlement mechanics rather than a deliberate purchase or sale signal. The filing identifies continuing vesting tranches through August 2028 and standard forfeiture conditions upon non-qualified termination.

TL;DR: Performance criteria certified, triggering vesting; expected outcome under the 2023 plan.

The report states that performance-based shares granted under the 2023 Equity Incentive Plan vested upon certification by the Talent, Culture, and Compensation Committee. Total newly recognized acquisitions include performance-based and restricted-share vestings recorded at $0 per share, increasing beneficial ownership prior to tax withholding. Remaining restricted shares vest in 2026–2028 with forfeiture provisions for most termination reasons, indicating a retention-focused design in the equity program.

Jessica L. DeLorenzo, Chief Human Resources Officer di Kimball Electronics, ha registrato più transazioni azionarie il 27/08/2025. Le azioni legate alle prestazioni assegnate dal 2023 Equity Incentive Plan sono maturate e le azioni vincolate sono venute a scadenza come previsto, con acquisizioni riportate a $0 per azione. In separata sede, 5.579 azioni sono state trattenute e cedute a $27.97 per adempiere agli obblighi di ritenuta fiscale. Dopo queste operazioni, la comunicazione indica che la persona segnalante deteneva beneficiariamente 29.595 azioni. Alcune azioni vincolate rimangono soggette a future maturazioni fino ad agosto 2028 e si estingueranno in caso di cessazione del rapporto di lavoro per motivi diversi da decesso, invalidità o pensionamento.

Jessica L. DeLorenzo, Chief Human Resources Officer de Kimball Electronics, informó varias transacciones de acciones el 27/08/2025. Las acciones condicionadas al desempeño otorgadas bajo el 2023 Equity Incentive Plan vencieron, y las acciones restringidas se liberaron según lo programado, registrándose adquisiciones a $0 por acción. Por separado, se retuvieron y vendieron 5.579 acciones a $27.97 para cubrir obligaciones de retención fiscal. Tras estas operaciones, el informe muestra que la persona informante poseía beneficiariamente 29.595 acciones. Algunas acciones restringidas siguen sujetas a futuros periodos de consolidación hasta agosto de 2028 y caducarán si el empleo termina por causas distintas a muerte, discapacidad o jubilación.

Jessica L. DeLorenzo, Kimball Electronics의 최고인사책임자(CHRO)는 2025-08-27에 여러 지분 거래를 보고했습니다. 2023년 주식 인센티브 플랜에 따라 부여된 성과기반 주식이 확정(베스팅)되었고, 제한주 또한 예정대로 베스팅되어 취득가는 주당 $0로 기록되었습니다. 별도로 세금 원천징수 목적을 위해 5,579주가 원천징수되어 주당 $27.97에 처분되었습니다. 이 거래 후 보고서에는 보고인이 실질적으로 29,595주를 보유하고 있는 것으로 나타납니다. 일부 제한주는 2028년 8월까지 추가 베스팅 조건이 남아 있으며, 사망·장애·퇴직을 제외한 사유로 고용이 종료되면 소멸됩니다.

Jessica L. DeLorenzo, Chief Human Resources Officer de Kimball Electronics, a déclaré plusieurs opérations sur titres le 27/08/2025. Les actions à caractère incitatif liées à la performance attribuées dans le cadre du 2023 Equity Incentive Plan ont acquis leurs droits, et les actions restreintes ont également été levées comme prévu, avec des acquisitions enregistrées à 0 $ par action. Par ailleurs, 5 579 actions ont été retenues et cédées à 27,97 $ pour couvrir les obligations de retenue fiscale. Après ces opérations, la déclaration indique que la personne déclarante détenait à titre bénéficiaire 29 595 actions. Certaines actions restreintes restent soumises à des périodes d'acquisition futures jusqu'en août 2028 et seront annulées si l'emploi prend fin pour des motifs autres que décès, invalidité ou retraite.

Jessica L. DeLorenzo, Chief Human Resources Officer von Kimball Electronics, meldete mehrere Aktiengeschäfte am 27.08.2025. Leistungsabhängige Aktien, die im Rahmen des 2023 Equity Incentive Plan gewährt wurden, sind fällig geworden, und beschränkte Aktien sind wie geplant verfallen, wobei die Anschaffungen mit $0 pro Aktie verbucht wurden. Separat wurden 5.579 Aktien einbehalten und zu $27.97 veräußert, um Steuerabzugsverpflichtungen zu erfüllen. Nach diesen Transaktionen weist die Meldung aus, dass die meldende Person wirtschaftlich 29.595 Aktien besaß. Einige beschränkte Aktien unterliegen weiterhin zukünftigen Vesting-Bedingungen bis August 2028 und verfallen, wenn das Beschäftigungsverhältnis aus anderen Gründen als Tod, Invalidität oder Ruhestand endet.

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
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*
DeLorenzo Jessica L

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Human Resources Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/27/2025
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 08/27/2025 M 5,034 A $0 27,542 D
Common Stock 08/27/2025 A 7,632(1) A $0 35,174 D
Common Stock 08/27/2025 F(2) 5,579 D $27.97 29,595 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
Restricted Shares $0 08/27/2025 M 5,034 (3) (3) Common Stock 5,034 $0 6,487 D
Restricted Shares $0 08/27/2025 A 8,554 (4) (5) Common Stock 8,554 $0(6) 15,041(7) D
Explanation of Responses:
1. Reflects performance based shares granted pursuant to the Issuer's 2023 Equity Incentive Plan which vested on August 27, 2025 upon the achievement of certain performance criteria certified by the Talent, Culture, and Compensation Committee of the Board of Directors of the Issuer.
2. Shares withheld to satisfy tax obligations.
3. Represents Restricted Shares granted in prior years that vested on August 27, 2025 (5,034 shares).
4. Represents Restricted Shares which vest in August 2026 (2,852 shares), August 2027 (2,851 shares), and August 2028 (2,851 shares).
5. The Restricted Shares expire if the reporting person ceases employment for any reason other than death, disability, or retirement.
6. Not Applicable.
7. Represents cumulative Restricted Shares that vest August 2026 (6,783 shares), August 2027 (5,407 shares), and August 2028 (2,851 shares).
Remarks:
Kimberly E. Cooper, Attorney in Fact and Agent 08/29/2025
** 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 transactions did Kimball Electronics insider Jessica DeLorenzo report on Form 4 (KE)?

The filing reports vested performance-based shares and restricted shares on 08/27/2025 and the withholding/disposition of 5,579 shares at $27.97 to satisfy taxes.

How many shares did the reporting person own after the reported transactions (Form 4 for KE)?

The Form 4 shows the reporting person beneficially owned 29,595 shares following the reported transactions.

Why were 5,579 shares sold according to the Form 4 for KE?

The filing states those shares were withheld to satisfy tax obligations arising from the vesting events.

Did any performance criteria affect the vesting reported in the KE Form 4?

Yes. The filing notes performance-based shares granted under the 2023 Equity Incentive Plan vested upon achievement of criteria certified by the Talent, Culture, and Compensation Committee.

Are there future vesting tranches disclosed in the Form 4 for KE?

Yes. The Form 4 discloses restricted shares that vest in August 2026, August 2027, and August 2028, with specified share counts in the filing.
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