STOCK TITAN

Kimball Electronics (KE) exec stock vests; 2,153 shares withheld for taxes

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Kimball Electronics, Inc. (KE) reported equity compensation and related share movements for officer Andrew Donald Regrut on August 24, 2026. Previously granted 1,878 Restricted Shares and 3,623 performance-based shares vested, converting into Common Stock. Regrut also received a new award of 4,104 Restricted Shares that vest in tranches from August 2027 through August 2029. To cover tax obligations from these vestings, 2,153 Common Shares were withheld at $22.725 per share.

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Insider Regrut Andrew Donald
Role VP IR & Strategy, Treasurer
Type Security Shares Price Value
Exercise Restricted Shares F3 1,878 $0.00 $0.00
Grant/Award Restricted Shares F6, F4, F5, F7 4,104 $0.00 $0.00
Exercise Common Stock 1,878 $0.00 $0.00
Grant/Award Common Stock F1 3,623 $0.00 $0.00
Tax Withholding Common Stock F2 2,153 $22.725 $49K
Holdings After Transaction: Restricted Shares — 7,521 shares (Direct); Common Stock — 8,727 shares (Direct)
Footnotes (7)
  1. 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.
  2. F2. Shares withheld to satisfy tax obligations.
  3. F3. Represents Restricted Shares granted in a prior year that vested on August 24, 2026 (1,878 shares).
  4. F4. Represents Restricted Shares which vest in August 2027 (1,368 shares), August 2028 (1,368 shares), and August 2029 (1,368 shares).
  5. F5. The Restricted Shares expire if the reporting person ceases employment for any reason other than death, disability, or retirement.
  6. F6. Not Applicable.
  7. F7. Represents cumulative Restricted Shares that vest June 2027 (1,053 shares), August 2027 (2,898 shares), August 2028 (2,202 shares), and August 2029 (1,368 shares).
Vested Restricted Shares 1,878 shares Restricted Shares from a prior-year grant that vested on August 24, 2026
Vested performance-based shares 3,623 shares Performance-based shares under the 2023 Equity Incentive Plan vested on August 24, 2026
New Restricted Shares grant 4,104 shares Restricted Shares awarded to Andrew Donald Regrut vesting in August 2027, 2028, and 2029
Shares withheld for taxes 2,153 shares Common Shares withheld to satisfy tax obligations from vesting awards
Tax withholding price $22.725 per share Price applied to 2,153 Common Shares withheld for tax obligations
Future vesting tranche size 1,368 shares Each of three vesting tranches of the 4,104-share Restricted Share award in August 2027–2029
Future cumulative Restricted Shares 1,053; 2,898; 2,202; 1,368 shares Cumulative Restricted Shares scheduled to vest June 2027, August 2027, August 2028, and August 2029
Restricted Shares financial
"Represents Restricted Shares granted in a prior year that vested on August 24, 2026"
Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.
performance based shares financial
"Reflects performance based shares granted pursuant to the Issuer's 2023 Equity Incentive Plan"
2023 Equity Incentive Plan financial
"granted pursuant to the Issuer's 2023 Equity Incentive Plan which vested on August 24, 2026"
payment of tax liability by delivering or withholding securities financial
"Payment of tax liability by delivering or withholding securities"
Talent, Culture, and Compensation Committee financial
"performance criteria certified by the Talent, Culture, and Compensation Committee of the Board"

FAQ

What equity awards for officer Andrew Donald Regrut were reported by KE on this Form 4?

The Form 4 reports vesting of 1,878 Restricted Shares from a prior grant and 3,623 performance-based shares, plus a new grant of 4,104 Restricted Shares of Kimball Electronics, Inc. (KE) Common Stock vesting between August 2027 and August 2029.

How many Kimball Electronics (KE) shares were withheld for taxes in this filing?

The company reported that 2,153 shares of Kimball Electronics Common Stock were withheld to satisfy tax obligations related to the vesting equity awards, at a price of $22.725 per share, coded as a payment of tax liability using delivered or withheld securities.

What does the new 4,104-share Restricted Share grant for KE’s officer look like over time?

The new award to Andrew Donald Regrut consists of 4,104 Restricted Shares, vesting in three equal installments of 1,368 shares each in August 2027, August 2028, and August 2029, and the shares generally expire if employment ends other than for death, disability, or retirement.

What performance-based shares for KE vested for Andrew Donald Regrut?

Performance-based shares granted under Kimball Electronics’ 2023 Equity Incentive Plan vested on August 24, 2026 when performance criteria were certified as achieved by the Board’s Talent, Culture, and Compensation Committee, resulting in 3,623 Common Shares being reported as acquired.

Were derivative securities exercised into KE Common Stock in this Form 4?

Yes. The filing shows an exercise/conversion of 1,878 Restricted Shares into 1,878 shares of Kimball Electronics Common Stock on August 24, 2026, reflecting the vesting of a prior-year Restricted Share grant.

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SEC Form 4
FORM 4UNITED 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*
Regrut Andrew Donald

(Last)(First)(Middle)
1205 KIMBALL BOULEVARD

(Street)
JASPER INDIANA 47546

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Kimball Electronics, Inc. [ KE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
VP IR & Strategy, Treasurer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/24/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock08/24/2026M1,878A$07,257D
Common Stock08/24/2026A3,623(1)A$010,880D
Common Stock08/24/2026F(2)2,153D$22.7258,727D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Shares$008/24/2026M1,878 (3) (3)Common Stock1,878$03,417D
Restricted Shares$008/24/2026A4,104 (4) (5)Common Stock4,104$0(6)7,521(7)D
Explanation of Responses:
1. 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.
2. Shares withheld to satisfy tax obligations.
3. Represents Restricted Shares granted in a prior year that vested on August 24, 2026 (1,878 shares).
4. Represents Restricted Shares which vest in August 2027 (1,368 shares), August 2028 (1,368 shares), and August 2029 (1,368 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 June 2027 (1,053 shares), August 2027 (2,898 shares), August 2028 (2,202 shares), and August 2029 (1,368 shares).
Remarks:
Kimberly E. Cooper, Attorney in Fact and Agent08/26/2026
** Signature of Reporting PersonDate
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).
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* Form 4: SEC 1474 (03-26)