Key Tronic EVP reports stock and RSU holdings
KEY TRONIC CORP (KTCC) officer Adam L. Agress, EVP Business Development, reported his initial ownership on a Form 3.
Rhea-AI Filing Summary
KEY TRONIC CORP (KTCC) officer Adam L. Agress, EVP Business Development, reported his initial ownership on a Form 3. He directly holds 2,570 shares of Common Stock and two blocks of Restricted Stock Units covering 17,985 and 7,391 underlying shares. These RSUs vest in scheduled annual installments from 2026 through 2028, subject to time-based vesting conditions, and each RSU represents a contingent right to receive one share of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Agress Adam L
Role
EVP Business Development
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units F2, F1 | -- | -- | -- |
| holding | Restricted Stock Units F2, F3 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 25,376 contracts (Direct);
Common Stock — 2,570 shares (Direct)
Footnotes (3)
- F1. The restricted stock units vest in three equal annual installments on August 21, 2026, 2027 and 2028, subject to time-based vesting conditions
- F2. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- F3. The restricted stock units vest in two equal annual installments on September 3, 2026 and 2027 subject to time-based vesting conditions
Key Figures
Common Stock directly held: 2,570 shares
RSUs underlying shares (first grant): 17,985 shares
RSUs underlying shares (second grant): 7,391 shares
+2 more
5 metrics
Common Stock directly held
2,570 shares
Total shares of Common Stock following holding entry dated 2026-08-20
RSUs underlying shares (first grant)
17,985 shares
Restricted Stock Units tied to Common Stock, direct ownership
RSUs underlying shares (second grant)
7,391 shares
Restricted Stock Units tied to Common Stock, direct ownership
RSU vesting schedule (three-year grant)
August 21, 2026, 2027, 2028
Three equal annual installments subject to time-based vesting conditions
RSU vesting schedule (two-year grant)
September 3, 2026 and 2027
Two equal annual installments subject to time-based vesting conditions
Key Terms
Restricted Stock Units, time-based vesting conditions, contingent right
3 terms
Restricted Stock Units financial
"The restricted stock units vest in three equal annual installments"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
time-based vesting conditions financial
"subject to time-based vesting conditions"
contingent right financial
"Each RSU represents a contingent right to receive one share"
FAQ
What did KTCC disclose about Adam L. Agress in this Form 3?
KTCC disclosed that Adam L. Agress, EVP Business Development, filed an initial statement of beneficial ownership, reporting direct holdings of 2,570 shares of Common Stock and two blocks of Restricted Stock Units with underlying shares of 17,985 and 7,391.
What Restricted Stock Units does Adam L. Agress hold in KTCC?
He holds two RSU awards tied to KTCC Common Stock: one covering 17,985 underlying shares and another covering 7,391 underlying shares. Each RSU represents a contingent right to receive one share of KTCC common stock upon vesting.
What are the vesting schedules of Adam L. Agress’s KTCC RSUs?
One RSU grant vests in three equal annual installments on August 21, 2026, 2027 and 2028. The other vests in two equal annual installments on September 3, 2026 and 2027, in each case subject to time-based vesting conditions.
Does the KTCC Form 3 for Adam L. Agress report any stock purchases or sales?
No. The Form 3 for KTCC officer Adam L. Agress reports holdings of Common Stock and Restricted Stock Units but does not report any purchases, sales, exercises, or dispositions of securities.
What does each RSU reported by Adam L. Agress represent for KTCC?
Each RSU reported by Adam L. Agress represents a contingent right to receive one share of KTCC’s common stock, as stated in the footnotes. Actual shares are delivered only if the RSUs satisfy their time-based vesting conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
