KEY Tronic director James R. Bean receives 14,388 RSUs with 2026 vesting
Rhea-AI Filing Summary
James R. Bean, a director of KEY Tronic Corp (KTCC), was granted 14,388 restricted stock units (RSUs) on 08/21/2025. Each RSU represents a contingent right to receive one share of common stock, and the award has a grant price of $0. The RSUs vest on 08/21/2026 subject to time-based vesting conditions. Following this grant, Mr. Bean beneficially owns 23,257 shares of common stock, reported as direct ownership. The filing was signed on 08/22/2025 by James R. Bean.
Positive
- 14,388 restricted stock units awarded to director James R. Bean
- Each RSU converts to one share, clarifying the underlying security
- RSUs vest on 08/21/2026, providing a clear vesting timeline
- Beneficial ownership increased to 23,257 shares following the grant
Negative
- None.
Insights
TL;DR: Director received a time‑vested grant of 14,388 RSUs, increasing direct beneficial ownership to 23,257 shares; routine, non‑cash compensation.
The grant is a standard equity compensation award with a $0 grant price and a one‑year time vesting schedule ending 08/21/2026. For investors, this represents executive alignment with shareholder interests via equity incentives but does not immediately change share count or liquidity because the units are contingent and not yet vested. No cash transaction, disposition, or sale is reported.
TL;DR: This is a routine director RSU grant; vesting is time‑based and the filing discloses direct beneficial ownership post‑award.
The form clearly identifies the reporting person as a director and shows direct ownership form. The disclosure meets Section 16 requirements by reporting the award and vesting schedule. There are no indications of accelerated vesting, related party transactions, or amendments in this filing.