Key Tronic insider sells 566 shares after RSU vest
KTCC’s vice president of supply chain reported RSU vesting and a small sale of shares to cover tax withholding obligations.
Rhea-AI Filing Summary
KEY TRONIC CORP (KTCC) reported that Vice President of Supply Chain Mark R. Courtney had restricted stock units convert into common stock and sold a portion of the resulting shares. On September 3, 2026, 1,847 restricted stock units converted into 1,847 shares of common stock, with 14,546 restricted stock units reported as held directly afterward.
On September 4, 2026, Courtney sold 566 shares of common stock at $2.34 per share in open-market transactions to satisfy tax withholding obligations related to the RSU vesting. He also reports 6,651 shares of common stock held indirectly through a 401(k) plan. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
Courtney Mark R
Role
Vice President of Supply Chain
Sold
566 shs ($1K)
Approx. gross sale proceeds
$1K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2 | 566 | $2.34 | $1K |
| Exercise | Restricted Stock Units F1, F4 | 1,847 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 1,847 | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 14,546 contracts (Direct);
Common Stock — 4,706 shares (Direct);
Common Stock — 6,651 shares (Indirect, 401(k) Plan)
Footnotes (4)
- F1. Each restricted stock unit represents a contingent right to receive one share of common stock.
- F2. Represents common stock sold in the open market in order to satisfy the reporting person's tax withholding obligations in connection with the vesting of restricted stock units.
- F3. Includes 0 shares of common stock acquired by the reporting person under the registrant's 401(k) plan between August 27, 2026 and September, 3, 2026.
- F4. The restricted stock units vest in three equal annual installments on September 3, 2025, 2026 and 2027, subject to time-based vesting conditions.
Key Figures
Shares sold: 566 shares
Sale price per share: $2.34 per share
Restricted stock units converted: 1,847 units
+3 more
6 metrics
Shares sold
566 shares
Common stock sold on September 4, 2026 to satisfy tax withholding obligations
Sale price per share
$2.34 per share
Open-market sale of 566 common shares on September 4, 2026
Restricted stock units converted
1,847 units
RSUs converted into an equal number of common shares on September 3, 2026
Restricted stock units held after transaction
14,546 units
Directly held RSUs reported following the September 3, 2026 conversion
Common shares in 401(k) plan
6,651 shares
Indirectly held through a 401(k) plan as of September 3, 2026
RSU vesting schedule
3 equal installments
RSUs vest on September 3, 2025, 2026 and 2027, subject to time-based vesting conditions
Key Terms
Restricted Stock Units, 401(k) plan, time-based vesting conditions
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.
401(k) plan financial
"Includes 0 shares of common stock acquired by the reporting person under the registrant's 401(k) plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
time-based vesting conditions financial
"The restricted stock units vest in three equal annual installments ... subject to time-based vesting conditions"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did KTCC’s Mark R. Courtney report on this Form 4?
Mark R. Courtney reported the conversion of 1,847 restricted stock units into 1,847 shares of KEY TRONIC CORP common stock on September 3, 2026, and the sale of 566 shares on September 4, 2026 to cover tax withholding obligations.
How many restricted stock units does Mark R. Courtney hold in KTCC after these transactions?
After the September 3, 2026 conversion, Mark R. Courtney is reported as holding 14,546 restricted stock units of KEY TRONIC CORP, each representing a contingent right to receive one share of common stock, subject to time-based vesting conditions.
Does Mark R. Courtney hold KTCC stock through a 401(k) plan?
Yes. The Form 4 reports 6,651 shares of KEY TRONIC CORP common stock held indirectly through a 401(k) plan as of September 3, 2026. A footnote clarifies the shares reflected in that plan-related holding.
Were KTCC insider transactions by Mark R. Courtney under a Rule 10b5-1 plan?
No. The Form 4 indicates that no Rule 10b5-1 trading plan is affirmed for these transactions, and the footnotes do not state that the trades were made under any pre-arranged trading plan.
What are the vesting terms of Mark R. Courtney’s KTCC restricted stock units?
A footnote states that the restricted stock units vest in three equal annual installments on September 3, 2025, 2026 and 2027, subject to time-based vesting conditions, with each unit representing a right to receive one share of common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
