[Form 4] KEY Tronic Corp Insider Trading Activity
Ronald F. Klawitter, 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 carries a reported price of $0 at grant. The RSUs are subject to time-based vesting and will vest on August 21, 2026 if vesting conditions are met. Following this grant, Mr. Klawitter beneficially owns 23,257 shares of KTCC common stock, held in a direct ownership form. The Form 4 was signed by Mr. Klawitter on 08/22/2025.
- Clear disclosure of grant size (14,388 RSUs), vesting date (08/21/2026), and conversion ratio (1 RSU = 1 share)
- Post‑grant beneficial ownership disclosed: 23,257 shares held directly, improving transparency
- None.
Insights
TL;DR: Director received a standard time‑based RSU grant increasing direct holdings modestly; no cash purchase or exercised options.
The 14,388 RSU award is a non‑cash compensation vehicle that will convert to common shares upon vesting on 08/21/2026. The grant price reported as $0 indicates a service‑based award rather than a purchase. The director's post‑grant beneficial ownership of 23,257 shares provides limited additional alignment with shareholders but does not by itself signal a material change in control or ownership concentration. This is a routine insider equity compensation disclosure with predictable dilution only if and when the RSUs vest and shares are issued.
TL;DR: Time‑based RSUs for a director are common governance practice; vesting date and form are clearly disclosed.
The filing documents a typical restricted stock unit award for a director, vesting after one year. Disclosure includes the number of units, vesting date, and that each unit converts to one share, meeting standard transparency expectations. There are no indications of performance conditions, related‑party transactions, or amendments. From a governance perspective, the filing is routine and compliant with Section 16 reporting requirements.