Key Tronic EVP exercises 5,995 units, sells 1,482
KEY TRONIC CORP (KTCC) executive Duane D. Mackleit, EVP of Operations, reported transactions involving restricted stock units and common stock on August 27, 2026.
Rhea-AI Filing Summary
KEY TRONIC CORP (KTCC) executive Duane D. Mackleit, EVP of Operations, reported transactions involving restricted stock units and common stock on August 27, 2026. He exercised 5,995 restricted stock units into 5,995 shares of common stock, then sold 1,482 shares at $3.73 per share to satisfy tax withholding obligations related to the vesting. Following the vesting, he directly held 32,785 shares of common stock and indirectly held 55,371 shares through a 401(k) plan, which includes 4,469 shares acquired in that plan between September 3, 2025 and August 27, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
Mackleit Duane D
Role
EVP of Operations
Sold
1,482 shs ($6K)
Approx. gross sale proceeds
$6K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F4 | 5,995 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 5,995 | -- | -- |
| Sale | Common Stock F2 | 1,482 | $3.73 | $6K |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 32,785 contracts (Direct);
Common Stock — 16,411 shares (Direct);
Common Stock — 55,371 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 4,469 shares of common stock acquired by the reporting person under the registrant's 401(k) plan between September 3, 2025, and August 27, 2026.
- F4. The restricted stock units vest in three equal annual installments on August 21, 2025, 2026 and 2027, subject to time-based vesting conditions.
Key Figures
Restricted stock units exercised: 5,995 units
Shares sold: 1,482 shares
Sale price per share: $3.73 per share
+3 more
6 metrics
Restricted stock units exercised
5,995 units
RSUs converted into KTCC common stock on August 27, 2026
Shares sold
1,482 shares
KTCC common stock sold on August 27, 2026 to satisfy tax withholding
Sale price per share
$3.73 per share
Price for 1,482 KTCC shares sold on August 27, 2026
Direct holdings after transaction
32,785 shares
KTCC common stock directly held by Duane D. Mackleit following the RSU vesting
Indirect 401(k) holdings
55,371 shares
KTCC common stock indirectly held through a 401(k) plan as of August 27, 2026
401(k) shares acquired over period
4,469 shares
KTCC shares acquired in the 401(k) plan between September 3, 2025 and August 27, 2026
Key Terms
Restricted Stock Units, vesting, tax withholding obligations, 401(k) plan
4 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.
vesting financial
"restricted stock units vest in three equal annual installments on August 21, 2025, 2026"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
tax withholding obligations financial
"sold in the open market in order to satisfy the reporting person's tax withholding"
401(k) plan financial
"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.
FAQ
What insider transactions did KTCC executive Duane D. Mackleit report on August 27, 2026?
He exercised 5,995 restricted stock units into common stock and sold 1,482 shares of KTCC common stock at $3.73 per share to cover tax withholding obligations related to the vesting of those restricted stock units.
What does each KTCC restricted stock unit reported by Duane D. Mackleit represent?
Each restricted stock unit reported represents a contingent right to receive one share of KTCC common stock, vesting in three equal annual installments on August 21, 2025, 2026 and 2027, subject to time-based vesting conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
