[Form 4] KEY Tronic Corp Insider Trading Activity
Duane D. Mackleit, EVP of Operations at KEY Tronic Corp (KTCC), was granted 17,985 restricted stock units (RSUs) on 08/21/2025. Each RSU represents the contingent right to receive one share of KEY Tronic common stock, with the award carrying no purchase price. The RSUs vest in three equal annual installments on August 21, 2026, 2027 and 2028, subject to time-based vesting conditions. Following the grant, the reporting person beneficially owns 29,071 shares of common stock, reported as direct ownership. The Form 4 was signed by Duane D. Mackleit on 08/25/2025.
- Grant disclosed promptly: The Form 4 reports the RSU award and vesting schedule, satisfying disclosure requirements
- Time‑based vesting: RSUs vest over three years (08/21/2026, 2027, 2028), creating multi‑year alignment between the executive and shareholders
- None.
Insights
TL;DR: Executive received time‑based RSUs aligning compensation with long‑term employment through 2028; disclosure is routine.
The filing documents a standard executive equity award: 17,985 restricted stock units awarded on 08/21/2025 that vest in three equal annual installments beginning 08/21/2026. The RSUs convert one-for-one to common shares and carry no exercise price. Such grants are commonly used to retain senior officers and align their interests with shareholders over multiple years. The report shows 29,071 shares beneficially owned after the grant and is signed by the reporting person, meeting Section 16 disclosure requirements.
TL;DR: A time‑based, zero‑price RSU award of 17,985 units was granted; vesting schedule and post‑grant holdings are disclosed.
The transaction code indicates an acquisition (A) of 17,985 RSUs on 08/21/2025. The award vests in three equal annual installments on 08/21/2026–2028, and each RSU represents one share. The filing reports direct beneficial ownership of 29,071 common shares after the grant. No price per share is reported because the award is in RSUs with $0 specified in the derivative table. Documentation is complete for compensation disclosure purposes.