Key Tronic exec gets 5,995 shares, sells 1,482
KEY TRONIC CORP (KTCC) executive Chad Thomas Orebaugh, EVP of Engineering, reported the settlement of 5,995 Restricted Stock Units, resulting in the acquisition of an equal number of common shares.
Rhea-AI Filing Summary
KEY TRONIC CORP (KTCC) executive Chad Thomas Orebaugh, EVP of Engineering, reported the settlement of 5,995 Restricted Stock Units, resulting in the acquisition of an equal number of common shares. On the same date, he sold 1,482 common shares at $3.73 per share in the open market to satisfy tax withholding obligations tied to the RSU vesting. After these transactions he reported 32,785 common shares held directly and an additional 9,438 shares held indirectly through a 401(k) account, including 1,142 shares accumulated in that plan between September 3, 2025 and August 27, 2026. The RSUs associated with this filing vest in three equal annual installments on August 21, 2026, 2027, and 2028, subject to time-based vesting conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
Orebaugh Chad Thomas
Role
EVP of Engineering
Sold
1,482 shs ($6K)
Approx. gross sale proceeds
$6K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F4 | 5,995 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 5,995 | -- | -- |
| Sale | Common Stock F2 | 1,482 | $3.73 | $6K |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 32,785 contracts (Direct);
Common Stock — 7,302 shares (Direct);
Common Stock — 9,438 shares (Indirect, By 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 1,142 shares of common stock acquired by the reporting person under the registrant's 401(k) plan between September 3, 2025, and August 27, 2026.
- F4. These restricted stock units vest in three equal annual installments on August 21, 2026, 2027, and 2028, subject to time-based vesting conditions.
Key Figures
Restricted Stock Units settled: 5,995 units
Common shares acquired from RSUs: 5,995 shares
Common shares sold: 1,482 shares
+4 more
7 metrics
Restricted Stock Units settled
5,995 units
Each RSU represents a contingent right to receive one share of common stock
Common shares acquired from RSUs
5,995 shares
Common stock received upon exercise or conversion of Restricted Stock Units on 2026-08-27
Common shares sold
1,482 shares
Open-market sale on 2026-08-27 to satisfy tax withholding obligations
Sale price per share
$3.73 per share
Price for the 1,482 common shares sold on 2026-08-27
Direct common stock holdings after transactions
32,785 shares
Directly owned KTCC common shares reported following the RSU settlement
Indirect 401(k) common stock holdings
9,438 shares
Common shares held indirectly "By 401(k)" after transactions
401(k) shares acquired over period
1,142 shares
Common stock acquired under the 401(k) plan between 2025-09-03 and 2026-08-27
Key Terms
Restricted Stock Units, contingent right, tax withholding obligations, 401(k) plan, +1 more
5 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.
contingent right financial
"represents a contingent right to receive one share of common stock"
tax withholding obligations financial
"stock sold in the open market in order to satisfy the reporting person's tax withholding"
401(k) plan financial
"shares of common stock acquired by the reporting person under the registrant's 401(k) plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
time-based vesting conditions financial
"vest in three equal annual installments ... subject to time-based vesting conditions"
FAQ
What did KTCC executive Chad Thomas Orebaugh report on this Form 4?
He reported the settlement of 5,995 Restricted Stock Units into common stock and the sale of 1,482 common shares at $3.73 per share, with the sale made to cover tax withholding obligations related to the RSU vesting.
What is the vesting schedule of Orebaugh’s KTCC Restricted Stock Units?
The Restricted Stock Units referenced in the filing vest in three equal annual installments on August 21, 2026, 2027, and 2028, subject to time-based vesting conditions described in the footnotes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
