KEY Tronic EVP Receives 17,985 RSUs; Post-Grant Ownership 29,071

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

Corporate Governance Expert

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.

Compensation Analyst

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.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Knaggs David H.

(Last) (First) (Middle)

4424 N. SULLIVAN RD

(Street)

SPOKANE VALLEY WA 99216

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
KEY TRONIC CORP [ KTCC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP of Quality and IS

3. Date of Earliest Transaction (Month/Day/Year)
08/21/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	08/21/2025		A		17,985		(2)	(2)	Common Stock	17,985	$0	29,071	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of common stock.

2. The restricted stock units vest in three equal annual installments on August 21, 2026, 2027 and 2028, subject to time-based vesting conditions.

Remarks:

	/s/ David H. Knaggs	08/22/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did KTCC insider David H. Knaggs report on Form 4?

The Form 4 reports a grant of 17,985 restricted stock units (RSUs) to David H. Knaggs dated 08/21/2025.

How do the restricted stock units vest for the KTCC grant?

The RSUs vest in three equal annual installments on August 21, 2026, 2027 and 2028, subject to time-based vesting conditions.

What does each restricted stock unit represent in the KTCC Form 4?

Each RSU represents a contingent right to receive one share of common stock.

How many shares does David H. Knaggs beneficially own after the reported transaction?

The filing shows beneficial ownership of 29,071 shares following the reported grant.

Was there a purchase price for the RSUs granted to the KTCC executive?

The RSUs are reported with a price of $0, indicating a compensation grant rather than a purchase.