Key Tronic EVP exercises 3,695 RSUs, sells 1,112 shares
KTCC’s EVP Business Development had RSUs vest into shares and sold 1,112 shares only to cover related tax withholding.
Rhea-AI Filing Summary
KEY TRONIC CORP (KTCC) executive Adam L. Agress, EVP Business Development, reported vesting and exercise of 3,695 Restricted Stock Units into an equal number of common shares on September 3, 2026, with 29,090 RSUs reported as held afterward. On September 4, 2026, he sold 1,112 common shares at $2.34 per share to satisfy tax withholding obligations related to the RSU vesting. No Rule 10b5-1 trading plan is reported for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
Agress Adam L
Role
EVP Business Development
Sold
1,112 shs ($3K)
Approx. gross sale proceeds
$3K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2 | 1,112 | $2.34 | $3K |
| Exercise | Restricted Stock Units F1, F3 | 3,695 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 3,695 | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 29,090 contracts (Direct);
Common Stock — 9,364 shares (Direct)
Footnotes (3)
- 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. The restricted stock units vest in three equal annual installments on September 3, 2025, 2026 and 2027, subject to time-based vesting conditions.
Key Figures
Shares sold: 1,112 shares
Sale price per share: $2.34 per share
RSUs exercised: 3,695 Restricted Stock Units
+2 more
5 metrics
Shares sold
1,112 shares
Common stock sold on September 4, 2026 to satisfy tax withholding
Sale price per share
$2.34 per share
Open-market sale of 1,112 KTCC common shares on September 4, 2026
RSUs exercised
3,695 Restricted Stock Units
RSUs converted into 3,695 common shares on September 3, 2026
Underlying common shares from RSUs
3,695 shares
Each Restricted Stock Unit represents one share of common stock
RSUs held after transaction
29,090 Restricted Stock Units
Reported RSU balance following the September 3, 2026 transaction
Key Terms
Restricted Stock Units, tax withholding obligations, time-based vesting conditions
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.
tax withholding obligations financial
"sold in the open market in order to satisfy the reporting person's tax withholding"
time-based vesting conditions financial
"vest in three equal annual installments ... subject to time-based vesting conditions"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did KTCC EVP Adam L. Agress report?
He reported RSU vesting and exercise into 3,695 common shares on September 3, 2026, and the sale of 1,112 common shares at $2.34 on September 4, 2026, to cover tax withholding from that vesting.
How many KTCC Restricted Stock Units vested for Adam L. Agress?
The Form 4 reports that 3,695 Restricted Stock Units were exercised or converted into 3,695 shares of common stock on September 3, 2026, with each RSU representing a right to receive one share.
What RSU balance does Adam L. Agress report after these KTCC transactions?
After the September 3, 2026 RSU transaction, Adam L. Agress reports holding 29,090 Restricted Stock Units, which continue to be subject to their stated time-based vesting schedule.
Are the KTCC transactions by Adam L. Agress under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and no footnote indicates such a plan, so no Rule 10b5-1 trading plan is reported for these transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.