KTCC: 17,985 RSUs Granted to EVP David Knaggs (KTCC)
David H. Knaggs, EVP of Quality and IS and director at KEY Tronic Corp (KTCC), was granted 17,985 restricted stock units (RSUs) on 08/21/2025.
Rhea-AI Filing Summary
David H. Knaggs, EVP of Quality and IS and director at KEY Tronic Corp (KTCC), was granted 17,985 restricted stock units (RSUs) on 08/21/2025. Each RSU represents a contingent right to receive one share of common stock. The RSUs vest in three equal annual installments on August 21, 2026, 2027 and 2028, subject to time-based vesting conditions. After the grant, Mr. Knaggs beneficially owns 29,071 shares of common stock. The award has an effective price of $0 per unit, indicating a standard compensation grant rather than a purchase transaction.
Positive
- 17,985 restricted stock units granted
- RSUs vest in three equal annual installments (Aug 21, 2026; 2027; 2028)
- Each RSU represents a contingent right to one share of common stock
- Reporting person is an officer (EVP of Quality and IS) and director, with beneficial ownership disclosed as 29,071 shares after the grant
Negative
- None.
Insights
TL;DR: Routine time-based equity grant to an executive aligns pay with future service and retention.
The Form 4 discloses a grant of 17,985 restricted stock units to David H. Knaggs with three-year annual vesting. This is a standard executive equity award that vests over time, tying a portion of compensation to continued service and potential future share delivery. The filing shows post-grant beneficial ownership of 29,071 shares, which provides transparency on insider holdings. The disclosure is concise and consistent with typical equity compensation reporting.
TL;DR: Material only as a compensation disclosure; not an unusual transaction in form or terms.
The record specifies 17,985 RSUs granted at $0 per unit, vesting in three equal annual installments on August 21, 2026, 2027 and 2028. The grant type (restricted stock units) and time-based vesting schedule are common for executive incentives. The filing does not provide target value, performance conditions, or additional cash/stock settlement details beyond the unit count and vesting schedule.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 17,985 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of common stock.
- F2. The restricted stock units vest in three equal annual installments on August 21, 2026, 2027 and 2028, subject to time-based vesting conditions.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transaction did KTCC insider David H. Knaggs report on Form 4?
How do the restricted stock units vest for the KTCC grant?
What does each restricted stock unit represent in the KTCC Form 4?
Was there a purchase price for the RSUs granted to the KTCC executive?
AI-generated analysis. How Rhea-AI works. Not financial advice.