Key Tronic director acquires 14,388 shares via RSUs
KEY TRONIC CORP (KTCC) reported that director Craig D. Gates exercised restricted stock units into common stock.
Rhea-AI Filing Summary
KEY TRONIC CORP (KTCC) reported that director Craig D. Gates exercised restricted stock units into common stock. On August 27, 2026, 14,388 restricted stock units, each representing a contingent right to one common share, were converted into 14,388 common shares. Following the transactions, Gates directly holds 329,958 common shares and 10,723 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
14,388 shares exercised/converted
Exercise
2 txns
Insider
GATES CRAIG D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 14,388 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 14,388 | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 10,723 contracts (Direct);
Common Stock — 329,958 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of common stock.
- F2. The restricted stock units vested on August 21, 2026.
Key Figures
Restricted stock units exercised: 14,388 units
Common shares acquired from RSU exercise: 14,388 shares
Common shares held after transaction: 329,958 shares
+2 more
5 metrics
Restricted stock units exercised
14,388 units
Restricted stock units converted into common stock on August 27, 2026
Common shares acquired from RSU exercise
14,388 shares
Common stock received upon RSU exercise on August 27, 2026
Common shares held after transaction
329,958 shares
Direct ownership by Craig D. Gates following the August 27, 2026 transactions
Restricted stock units remaining
10,723 units
Direct RSU holdings after the reported exercise
RSU vesting date
August 21, 2026
Date on which the reported restricted stock units vested
Key Terms
Restricted Stock Units, derivative security, contingent right
3 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.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"represents a contingent right to receive one share of common stock"
FAQ
What insider transaction did KTCC director Craig D. Gates report?
Craig D. Gates reported exercising 14,388 restricted stock units into 14,388 shares of KEY TRONIC CORP common stock on August 27, 2026, through a derivative exercise/conversion transaction coded “M.”
How many restricted stock units does Craig D. Gates still hold in KTCC?
Following the reported exercise, Craig D. Gates holds 10,723 restricted stock units, each representing a contingent right to receive one share of KEY TRONIC CORP common stock, subject to their applicable terms.
When did the KTCC restricted stock units reported by Craig D. Gates vest?
The restricted stock units reported by Craig D. Gates vested on August 21, 2026, after which 14,388 units were exercised into an equal number of common shares on August 27, 2026.
Was Craig D. Gates’s KTCC Form 4 transaction a market purchase or sale?
No market purchase or sale was reported. The Form 4 shows a code “M” derivative transaction, an exercise/conversion of 14,388 restricted stock units into common stock, classified as an acquisition rather than an open-market trade.
AI-generated analysis. How Rhea-AI works. Not financial advice.
