Key Tronic CFO sells 1,403 shares at $2.34
KTCC’s CFO reported RSU vesting into common shares and a small sale to cover related tax withholding.
Rhea-AI Filing Summary
KEY TRONIC CORP (KTCC) executive Anthony Gene Voorhees, EVP-Admin, CFO and Treasurer, reported several equity transactions. On September 3, 2026, 4,619 Restricted Stock Units were converted into 4,619 shares of common stock, with 37,704 RSUs reported as remaining directly held. On September 4, 2026, 1,403 shares of common stock were sold in the open market at $2.34 per share to satisfy tax withholding obligations arising from the RSU vesting. Voorhees also reports indirect ownership of 16,317 common shares through a 401(k) plan. No Rule 10b5-1 trading plan is indicated.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
Voorhees Anthony Gene
Role
EVP-Admin, CFO, Treasurer
Sold
1,403 shs ($3K)
Approx. gross sale proceeds
$3K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2 | 1,403 | $2.34 | $3K |
| Exercise | Restricted Stock Units F1, F4 | 4,619 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 4,619 | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 37,704 contracts (Direct);
Common Stock — 12,924 shares (Direct);
Common Stock — 16,317 shares (Indirect, 401(k))
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
Common shares sold: 1,403 shares
Sale price per share: $2.34 per share
RSUs converted to common stock: 4,619 units/shares
+2 more
5 metrics
Common shares sold
1,403 shares
Sale of KTCC common stock on September 4, 2026 to cover tax withholding
Sale price per share
$2.34 per share
Open-market sale of 1,403 KTCC shares on September 4, 2026
RSUs converted to common stock
4,619 units/shares
RSUs converted into KTCC common stock on September 3, 2026
Restricted Stock Units remaining
37,704 units
Direct derivative holdings after RSU conversion as of September 3, 2026
Indirect 401(k) common shares
16,317 shares
KTCC common stock held indirectly through a 401(k) plan as of September 3, 2026
Key Terms
Restricted Stock Units, tax withholding obligations, 401(k), time-based vesting conditions
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.
tax withholding obligations financial
"sold in the open market in order to satisfy the reporting person's tax withholding obligations"
401(k) financial
"Includes 0 shares of common stock acquired by the reporting person under the registrant's 401(k) plan"
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
time-based vesting conditions financial
"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 stock transactions did KTCC executive Anthony Gene Voorhees report on this Form 4?
Voorhees reported 4,619 RSUs converting into 4,619 KTCC common shares on September 3, 2026, and a sale of 1,403 common shares at $2.34 per share on September 4, 2026, used to cover tax withholding obligations from the RSU vesting.
How many KTCC Restricted Stock Units vested or were converted for the CFO?
On September 3, 2026, 4,619 Restricted Stock Units held by the CFO converted into 4,619 shares of KTCC common stock. Each RSU represents a contingent right to receive one share, and the vesting is subject to time-based conditions.
What KTCC equity holdings does the CFO report after these transactions?
The CFO reports 37,704 Restricted Stock Units remaining as a direct derivative position and 16,317 KTCC common shares held indirectly through a 401(k) plan. The filing does not state the total number of directly held common shares after the transactions.
Were the KTCC stock sales by the CFO made under a Rule 10b5-1 trading plan?
No. The filing indicates that no Rule 10b5-1 trading plan was affirmed for these transactions. A footnote instead explains that the 1,403 shares of common stock were sold in the open market to satisfy tax withholding obligations from RSU vesting.
What is the vesting schedule for the CFO’s KTCC Restricted Stock Units?
The filing 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. Each vested RSU represents a contingent right to receive one share of KTCC common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
