STOCK TITAN

[Form 4] KEY Tronic Corp Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Duane D. Mackleit, Executive Vice President of Operations at Key Tronic Corp (KTCC), reported changes in his beneficial ownership on September 3, 2025. He was granted 3,695 restricted stock units (RSUs) that vest in three equal annual installments beginning September 3, 2025, each RSU converting into one share on vesting. To cover tax withholding on vesting, he sold 911 shares in the open market at $2.89 per share. After these transactions he reports 11,898 shares held directly and 50,902 shares indirectly (including 14,320 shares acquired under the company 401(k) plan).

Duane D. Mackleit, Executive Vice President of Operations di Key Tronic Corp (KTCC), ha comunicato modifiche nella sua partecipazione il 3 settembre 2025. Gli sono stati assegnati 3.695 unità azionarie vincolate (RSU) che maturano in tre rate annuali uguali a partire dal 3 settembre 2025; ogni RSU si convertirà in un'azione al momento della maturazione. Per coprire le ritenute fiscali legate alla maturazione, ha venduto 911 azioni sul mercato aperto al prezzo di $2,89 per azione. Dopo queste operazioni dichiara di detenere 11.898 azioni direttamente e 50.902 azioni indirettamente (incluse 14.320 azioni acquisite tramite il piano 401(k) dell'azienda).

Duane D. Mackleit, vicepresidente ejecutivo de Operaciones en Key Tronic Corp (KTCC), informó cambios en su propiedad beneficiaria el 3 de septiembre de 2025. Se le concedieron 3.695 unidades restringidas (RSU) que se consolidan en tres cuotas anuales iguales a partir del 3 de septiembre de 2025; cada RSU se convertirá en una acción al consolidarse. Para cubrir la retención fiscal al consolidarse, vendió 911 acciones en el mercado abierto a $2,89 por acción. Tras estas transacciones declara poseer 11.898 acciones en propiedad directa y 50.902 acciones de forma indirecta (incluidas 14.320 acciones adquiridas mediante el plan 401(k) de la compañía).

Duane D. Mackleit, Key Tronic Corp(KTCC) 운영 담당 수석부사장은 2025년 9월 3일자로 유익소유 변경을 보고했습니다. 그는 3,695개의 제한부 주식단위(RSU)를 부여받았으며, 이는 2025년 9월 3일부터 매년 동일한 비율로 3회에 걸쳐 귀속되며 각 RSU는 귀속 시 1주로 전환됩니다. 귀속 시 세금 원천징수를 충당하기 위해 공개시장에 911주를 주당 $2.89에 매도했습니다. 이 거래들 이후 그는 직접 보유 11,898주와 간접 보유 50,902주를 보유하고 있으며(회사 401(k) 플랜으로 취득한 14,320주 포함)라고 보고했습니다.

Duane D. Mackleit, vice-président exécutif des opérations chez Key Tronic Corp (KTCC), a déclaré des changements dans sa participation bénéficiaire le 3 septembre 2025. Il s'est vu attribuer 3 695 unités d'actions restreintes (RSU) qui seront acquises en trois versements annuels égaux à partir du 3 septembre 2025 ; chaque RSU se convertira en une action lors de l'acquisition. Pour couvrir la retenue fiscale à l'acquisition, il a vendu 911 actions sur le marché ouvert à 2,89 $ par action. Après ces opérations, il déclare détenir 11 898 actions en direct et 50 902 actions indirectement (dont 14 320 actions acquises via le plan 401(k) de la société).

Duane D. Mackleit, Executive Vice President of Operations bei Key Tronic Corp (KTCC), meldete Änderungen seines wirtschaftlichen Eigentums am 3. September 2025. Ihm wurden 3.695 Restricted Stock Units (RSUs) zugeteilt, die ab dem 3. September 2025 in drei gleichen jährlichen Tranchen vesten; jede RSU wandelt sich beim Vesting in eine Aktie. Zur Deckung der Steuerabzüge beim Vesting verkaufte er 911 Aktien am offenen Markt zu $2,89 pro Aktie. Nach diesen Vorgängen gibt er an, 11.898 Aktien direkt und 50.902 Aktien indirekt zu halten (einschließlich 14.320 Aktien, die über den 401(k)-Plan des Unternehmens erworben wurden).

Positive
  • 3,695 RSUs granted with time-based vesting over three years, promoting retention
  • Significant indirect ownership of 50,902 shares (includes 14,320 shares via 401(k)), indicating alignment with long-term performance
Negative
  • 911 shares sold in the open market at $2.89, reducing direct holdings (transaction was to satisfy tax withholding)

Insights

TL;DR: Insider received time-based RSUs and sold a small number of shares to meet tax obligations; overall ownership profile remains stable.

The grant of 3,695 restricted stock units aligns executive compensation with shareholder value over a multi-year vesting schedule, which supports retention incentives. The sale of 911 shares at $2.89 was executed to satisfy tax withholding and does not appear to reflect a change in confidence. The reporting person continues to hold a meaningful indirect position via the 401(k) plan, which indicates ongoing alignment with long-term shareholder outcomes.

TL;DR: Transaction is routine: time-based equity grant plus small market sale for taxes; no material dilution or debt changes reported.

From a market perspective, the RSU grant increases potential future share issuance when vested but the amount (3,695 shares) is modest relative to typical public-company floats. The open-market sale of 911 shares at $2.89 was tax-driven per the filing. Combined direct and indirect holdings suggest continued executive exposure to KTCC equity performance.

Duane D. Mackleit, Executive Vice President of Operations di Key Tronic Corp (KTCC), ha comunicato modifiche nella sua partecipazione il 3 settembre 2025. Gli sono stati assegnati 3.695 unità azionarie vincolate (RSU) che maturano in tre rate annuali uguali a partire dal 3 settembre 2025; ogni RSU si convertirà in un'azione al momento della maturazione. Per coprire le ritenute fiscali legate alla maturazione, ha venduto 911 azioni sul mercato aperto al prezzo di $2,89 per azione. Dopo queste operazioni dichiara di detenere 11.898 azioni direttamente e 50.902 azioni indirettamente (incluse 14.320 azioni acquisite tramite il piano 401(k) dell'azienda).

Duane D. Mackleit, vicepresidente ejecutivo de Operaciones en Key Tronic Corp (KTCC), informó cambios en su propiedad beneficiaria el 3 de septiembre de 2025. Se le concedieron 3.695 unidades restringidas (RSU) que se consolidan en tres cuotas anuales iguales a partir del 3 de septiembre de 2025; cada RSU se convertirá en una acción al consolidarse. Para cubrir la retención fiscal al consolidarse, vendió 911 acciones en el mercado abierto a $2,89 por acción. Tras estas transacciones declara poseer 11.898 acciones en propiedad directa y 50.902 acciones de forma indirecta (incluidas 14.320 acciones adquiridas mediante el plan 401(k) de la compañía).

Duane D. Mackleit, Key Tronic Corp(KTCC) 운영 담당 수석부사장은 2025년 9월 3일자로 유익소유 변경을 보고했습니다. 그는 3,695개의 제한부 주식단위(RSU)를 부여받았으며, 이는 2025년 9월 3일부터 매년 동일한 비율로 3회에 걸쳐 귀속되며 각 RSU는 귀속 시 1주로 전환됩니다. 귀속 시 세금 원천징수를 충당하기 위해 공개시장에 911주를 주당 $2.89에 매도했습니다. 이 거래들 이후 그는 직접 보유 11,898주와 간접 보유 50,902주를 보유하고 있으며(회사 401(k) 플랜으로 취득한 14,320주 포함)라고 보고했습니다.

Duane D. Mackleit, vice-président exécutif des opérations chez Key Tronic Corp (KTCC), a déclaré des changements dans sa participation bénéficiaire le 3 septembre 2025. Il s'est vu attribuer 3 695 unités d'actions restreintes (RSU) qui seront acquises en trois versements annuels égaux à partir du 3 septembre 2025 ; chaque RSU se convertira en une action lors de l'acquisition. Pour couvrir la retenue fiscale à l'acquisition, il a vendu 911 actions sur le marché ouvert à 2,89 $ par action. Après ces opérations, il déclare détenir 11 898 actions en direct et 50 902 actions indirectement (dont 14 320 actions acquises via le plan 401(k) de la société).

Duane D. Mackleit, Executive Vice President of Operations bei Key Tronic Corp (KTCC), meldete Änderungen seines wirtschaftlichen Eigentums am 3. September 2025. Ihm wurden 3.695 Restricted Stock Units (RSUs) zugeteilt, die ab dem 3. September 2025 in drei gleichen jährlichen Tranchen vesten; jede RSU wandelt sich beim Vesting in eine Aktie. Zur Deckung der Steuerabzüge beim Vesting verkaufte er 911 Aktien am offenen Markt zu $2,89 pro Aktie. Nach diesen Vorgängen gibt er an, 11.898 Aktien direkt und 50.902 Aktien indirekt zu halten (einschließlich 14.320 Aktien, die über den 401(k)-Plan des Unternehmens erworben wurden).

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
Estimated average burden
hours per response: 0.5
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*
Mackleit Duane D

(Last) (First) (Middle)
4424 N. SULLIVAN ROAD

(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 Operations
3. Date of Earliest Transaction (Month/Day/Year)
09/03/2025
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
Common Stock 09/03/2025 M 3,695 A (1) 12,809 D
Common Stock 09/03/2025 S 911(2) D $2.89 11,898 D
Common Stock 50,902(3) I 401(k) Plan
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) 09/03/2025 M 3,695 (4) (4) Common Stock 3,695 $0 25,376 D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of common stock.
2. 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.
3. Includes 14,320 shares of common stock acquired by the reporting person under the registrant's 401(k) plan between March 18, 2020 and September 3, 2025.
4. The restricted stock units vest in three equal annual installments on September 3, 2025, 2026 and 2027, subject to time-based vesting conditions.
Remarks:
/s/ Duane D. Mackleit 09/04/2025
** 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 did KTCC insider Duane Mackleit report on 09/03/2025?

He was granted 3,695 restricted stock units and sold 911 shares in the open market to satisfy tax withholding obligations.

How many shares does Duane Mackleit beneficially own after the transactions?

He reports 11,898 shares held directly and 50,902 shares held indirectly.

Why were 911 shares sold and at what price?

The filing states the sale of 911 shares was to satisfy tax withholding and occurred at $2.89 per share.

When do the restricted stock units vest?

The RSUs vest in three equal annual installments on September 3, 2025, 2026, and 2027, subject to time-based vesting conditions.

What portion of the indirect holdings came from the 401(k)?

The filing notes 14,320 shares were acquired under the registrant's 401(k) plan between March 18, 2020 and September 3, 2025.

Who signed the Form 4 and when was it signed?

The Form 4 was signed by Duane D. Mackleit on 09/04/2025.
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