[Form 4] KEY Tronic Corp Insider Trading Activity
David H. Knaggs, EVP of Quality and IS at KEY Tronic Corp (KTCC), reported restricted stock units vesting and a small open-market sale to cover tax withholding. On 09/03/2025 3,695 restricted stock units became vested, each representing a contingent right to one share. The reporting person sold 906 shares at $2.91 per share to satisfy tax withholding obligations related to the vesting. The filing also shows 8,327 shares held indirectly through the company 401(k) plan, including 146 shares acquired under the plan between May 13, 2025 and September 3, 2025. The restricted stock units vest in three equal annual installments on September 3, 2025, 2026 and 2027.
- Full disclosure of RSU vesting including number of units (3,695) and vesting schedule (2025-2027)
- Sale amount and price disclosed for tax withholding (906 shares at $2.91)
- 401(k) holdings documented (8,327 shares indirect, including 146 acquired May–Sep 2025)
- None.
Insights
TL;DR: Routine insider vesting with a small sell-to-cover; no material change to ownership stake.
The Form 4 discloses time-based RSU vesting of 3,695 units for an executive and an accompanying sale of 906 shares at $2.91 to satisfy tax withholding. These are standard administrative transactions following a vesting event and do not indicate opportunistic trading or a change in company control. The filing also confirms aggregate indirect holdings via the 401(k) plan, providing context on the executive's total exposure to company stock. Impact on outstanding float and governance is immaterial based on disclosed quantities.
TL;DR: Disclosure is complete for the vesting event and tax-related sale; transactions are routine.
The reporting includes required detail: vesting schedule, number of units, and sale price for shares withheld/sold to cover taxes. The signature and role identification (Director and Officer: EVP of Quality and IS) are provided. There are no indications of related-party repricing, accelerations, or extraordinary dispositions. From a governance perspective, this Form 4 meets reporting expectations and reflects customary post-vesting actions.