Key Tronic director exercises 14,388 RSUs
KEY TRONIC CORP (KTCC) insider Yacov A. Shamash reported the vesting and exercise of 14,388 Restricted Stock Units into an equal number of shares of common stock on August 27, 2026.
Rhea-AI Filing Summary
KEY TRONIC CORP (KTCC) insider Yacov A. Shamash reported the vesting and exercise of 14,388 Restricted Stock Units into an equal number of shares of common stock on August 27, 2026. Following this derivative exercise, he directly holds 64,483 common shares and retains 10,723 unvested or unsettled restricted stock units. An additional 1,100 common shares are reported as held indirectly by his daughter, for which he disclaims beneficial ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
14,388 shares exercised/converted
Exercise
3 txns
Insider
SHAMASH YACOV A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3 | 14,388 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 14,388 | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 10,723 contracts (Direct);
Common Stock — 64,483 shares (Direct);
Common Stock — 1,100 shares (Indirect, By Daughter)
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one share of common stock.
- F2. The reporting person disclaims beneficial ownership of all securities held by his daughter, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
- F3. The restricted stock units vested on August 21, 2026.
Key Figures
Restricted Stock Units Exercised: 14,388 units
Common Stock Directly Held After Transaction: 64,483 shares
Restricted Stock Units Remaining: 10,723 units
+1 more
4 metrics
Restricted Stock Units Exercised
14,388 units
Exercised or converted into common stock on August 27, 2026
Common Stock Directly Held After Transaction
64,483 shares
Direct ownership position following the August 27, 2026 exercise
Restricted Stock Units Remaining
10,723 units
Restricted stock unit balance after the reported transaction
Indirect Holdings By Daughter
1,100 shares
Common stock reported as held indirectly, with beneficial ownership disclaimed
Key Terms
Restricted Stock Units, beneficial ownership, Section 16
3 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
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.
beneficial ownership regulatory
"The reporting person disclaims beneficial ownership of all securities held"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 regulatory
"beneficial owner of these shares for purposes of Section 16 or for any"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
What insider transaction in KTCC did Yacov A. Shamash report?
Yacov A. Shamash reported the vesting and exercise of 14,388 Restricted Stock Units into common stock of KEY TRONIC CORP on August 27, 2026, increasing his directly held common shares to 64,483.
What happened to Yacov A. Shamash’s Restricted Stock Units in KTCC?
On August 27, 2026, 14,388 Restricted Stock Units for Yacov A. Shamash were exercised or converted into an equal number of KEY TRONIC CORP common shares, leaving 10,723 restricted stock units reported as remaining after the transaction.
Were Shamash’s KTCC transactions under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox as not affirmed, so the transactions reported for Yacov A. Shamash are not disclosed as being made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
