Kimball Electronics (KE) exec stock vests; 2,153 shares withheld for taxes
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,348 shares
Net Buy
5 txns
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)
- 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 a prior year that vested on August 24, 2026 (1,878 shares).
- F4. Represents Restricted Shares which vest in August 2027 (1,368 shares), August 2028 (1,368 shares), and August 2029 (1,368 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 June 2027 (1,053 shares), August 2027 (2,898 shares), August 2028 (2,202 shares), and August 2029 (1,368 shares).
Key Figures
Vested Restricted Shares: 1,878 shares
Vested performance-based shares: 3,623 shares
New Restricted Shares grant: 4,104 shares
+4 more
7 metrics
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
Key Terms
Restricted Shares, performance based shares, 2023 Equity Incentive Plan, payment of tax liability by delivering or withholding securities, +1 more
5 terms
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.
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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