Key Tronic (KTCC) director converts 8,869 RSUs to common shares on 09/03/2025
Rhea-AI Filing Summary
Craig D. Gates, a director of Key Tronic Corp (KTCC), reported that 8,869 restricted stock units (RSUs) vested on September 3, 2025. Those RSUs convert one-for-one into shares of common stock and were reported with transaction code M. Following the vesting and conversion, Mr. Gates beneficially owns 315,570 shares of KTCC common stock as a direct owner. The Form 4 was signed on September 4, 2025, and shows the RSUs had a $0 reported price and are now reflected as 8,869 shares of common stock.
Positive
- Timely disclosure of insider transaction via a signed Form 4 on 09/04/2025
- Director's stake increased by 8,869 shares through vested RSUs, now beneficially owning 315,570 shares
Negative
- None.
Insights
TL;DR: A director received vested RSUs that increased his direct holdings by 8,869 shares, disclosed on Form 4.
The filing documents a routine equity compensation vesting event for a director. Vesting converted 8,869 RSUs into the same number of common shares, increasing direct beneficial ownership to 315,570 shares. This is a standard compensation-related transaction consistent with director equity awards. Disclosure timing and the completed Form 4 signature meet Section 16 reporting requirements.
TL;DR: Director's holdings rose by 8,869 shares due to RSU vesting; this is a non-cash, compensation-driven change in ownership.
The report shows an increase in direct share count from RSU vesting on 09/03/2025 with transaction code M and a $0 price reported for the underlying shares. The resulting 315,570-share position is now reflected in public Section 16 filings. The transaction is disclosed promptly with a Form 4 signature dated 09/04/2025.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 8,869 | $0.00 | -- |
| Exercise | Common Stock | 8,869 | $0.00 | -- |
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of common stock. The restricted stock units vested on September 3, 2025.