Key Tronic director now holds 212,118 shares
KEY TRONIC CORP (KTCC) reported that director Ronald F. Klawitter exercised previously granted restricted stock units into 14,388 shares of common stock on August 27, 2026, at no cash exercise price.
Rhea-AI Filing Summary
KEY TRONIC CORP (KTCC) reported that director Ronald F. Klawitter exercised previously granted restricted stock units into 14,388 shares of common stock on August 27, 2026, at no cash exercise price. Following this conversion, he directly holds 212,118 shares of common stock and has additional indirect holdings through family members. Each restricted stock unit represented a contingent right to receive one share, and the units vested on August 21, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
14,388 shares exercised/converted
Exercise
4 txns
Insider
KLAWITTER RONALD F
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3 | 14,388 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 14,388 | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 10,723 contracts (Direct);
Common Stock — 212,118 shares (Direct);
Common Stock — 1,600 shares (Indirect, By Daughter);
Common Stock — 4,200 shares (Indirect, By Son)
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one share of common stock.
- F2. The reporting person disclaims beneficial ownership of all securities held by his daughter, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
- F3. The restricted stock units vested on August 21, 2026.
Key Figures
Restricted stock units converted: 14,388 units/shares
Direct common stock holdings after transaction: 212,118 shares
Indirect holdings by daughter: 1,600 shares
+3 more
6 metrics
Restricted stock units converted
14,388 units/shares
Restricted stock units exercised into common stock on August 27, 2026
Direct common stock holdings after transaction
212,118 shares
Direct ownership following the August 27, 2026 transactions
Indirect holdings by daughter
1,600 shares
Common stock held indirectly, reported as held by daughter
Indirect holdings by son
4,200 shares
Common stock held indirectly, reported as held by son
RSU vesting date
August 21, 2026
Date on which the reported restricted stock units vested
Transaction date
August 27, 2026
Date the restricted stock units were exercised/converted into common stock
Key Terms
Restricted Stock Units, beneficial ownership, Section 16
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.
beneficial ownership financial
"The reporting person disclaims beneficial ownership of all securities held"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 regulatory
"beneficial owner of these shares for purposes of Section 16 or for any other purpose"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
What insider transaction did KTCC director Ronald F. Klawitter report?
Ronald F. Klawitter reported exercising restricted stock units into 14,388 shares of KEY TRONIC CORP common stock on August 27, 2026, increasing his directly held common stock position, with no per-share exercise price reported for the conversion.
What happened to Ronald F. Klawitter’s restricted stock units at KTCC?
Restricted stock units previously granted to Ronald F. Klawitter vested on August 21, 2026 and were subsequently converted on August 27, 2026 into 14,388 shares of KEY TRONIC CORP common stock, with each unit representing a right to receive one share.
Were the reported KTCC insider transactions under a Rule 10b5-1 trading plan?
No. The Rule 10b5-1 checkbox is not marked as affirming that these transactions were made under a Rule 10b5-1 trading plan, and there is no footnote stating that they were executed pursuant to such a plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
