Key Tronic (KTCC) CEO Receives 35,971 RSUs; Ownership Now 58,143 Shares

Rhea-AI Filing Summary

Key Tronic Corp (KTCC) reported a Form 4 disclosing that CEO Brett R. Larsen was granted 35,971 restricted stock units (RSUs) on 08/21/2025. Each RSU represents a contingent right to one share of common stock and the RSUs vest in three equal annual installments on 08/21/2026, 08/21/2027 and 08/21/2028, subject to time-based vesting. The reported beneficial ownership following the award is 58,143 shares held directly by the reporting person. The RSUs were reported as issued at a $0 per-share price, consistent with typical time-based equity grants for executives.

Positive

• 35,971 RSUs granted to CEO Brett R. Larsen, aligning executive incentives with shareholder value
• Vesting over three years (08/21/2026, 08/21/2027, 08/21/2028) supports retention
• Beneficial ownership reported as 58,143 shares following the grant, increasing CEO stake

Negative

• None.

Insights

Financial Analyst

TL;DR: A routine, time-based RSU grant to the CEO increases his direct stake and aligns his incentives with shareholders.

The 35,971 RSU award is a customary form of long-term compensation for executives and vests over three years, which supports retention and performance alignment without immediate cash outflow by the company. The filing shows the CEO now directly beneficially owns 58,143 shares, which modestly increases insider alignment. This disclosure does not include any exercised options, sales, or derivative transactions and therefore appears to be a straightforward equity grant rather than an active trading event.

Corporate Governance Expert

TL;DR: The grant reflects standard governance practice of time-based RSUs for executive retention; no governance concerns evident from the filing.

The RSUs vest in equal annual installments over three years, indicating a typical retention schedule. The Form 4 is properly signed and dated 08/22/2025. The filing identifies the reporting person as CEO and Director, and reports direct beneficial ownership. There are no amendment flags or additional conditions disclosed in the filing that would suggest atypical terms or material governance issues.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Larsen Brett R.

(Last) (First) (Middle)

4424 N. SULLIVAN ROAD

(Street)

SPOKANE VALLEY WA 99216

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
KEY TRONIC CORP [ KTCC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/21/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	08/21/2025		A		35,971		(2)	(2)	Common Stock	35,971	$0	58,143	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of common stock.

2. The restricted stock units vest in three equal annual installments on August 21, 2026, 2027 and 2028, subject to time-based vesting conditions.

Remarks:

	/s/ Brett R. Larsen	08/22/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Brett R. Larsen report on the KTCC Form 4?

The Form 4 reports a grant of 35,971 restricted stock units (RSUs) to Brett R. Larsen on 08/21/2025 and a post-transaction direct beneficial ownership of 58,143 shares.

When do the reported RSUs vest for KTCC CEO Brett R. Larsen?

The RSUs vest in three equal annual installments on 08/21/2026, 08/21/2027, and 08/21/2028, subject to time-based vesting conditions.

What is the price reported for the RSUs on the Form 4?

The Form 4 shows the RSUs with an effective price of $0, which reflects that these are time-based restricted stock units rather than a purchase.

Does the filing show any sales or derivative transactions by the reporting person?

No. The filing discloses only an award of RSUs and the resulting direct beneficial ownership; there are no sales, exercises, or derivative disposals reported.

When was the Form 4 signed and filed?

The Form 4 is signed by Brett R. Larsen and dated 08/22/2025.