Key Tronic (KTCC) Director Receives 14,388 RSUs; Vesting 08/21/2026

Rhea-AI Filing Summary

Key Tronic Corp director Subodh K. Kulkarni reported receipt of 14,388 restricted stock units (RSUs) on 08/21/2025. Each RSU represents a contingent right to one share of common stock and the reported RSUs carry a $0 purchase price because they are equity awards rather than paid purchases. The RSUs vest on 08/21/2026 subject to time-based vesting conditions, and after this grant the reporting person beneficially owns 23,257 shares of common stock in total. The Form 4 reflects an acquisition coded as an award and indicates direct beneficial ownership.

Positive

• Director alignment with shareholders: grant of 14,388 RSUs ties director compensation to company equity and future share performance
• Clear vesting conditions: RSUs vest on 08/21/2026, providing transparent time‑based retention incentives
• Increased disclosed ownership: reporting person beneficially owns 23,257 shares following the award

Negative

• None.

Insights

Securities Analyst

TL;DR: Director received time‑based RSUs totaling 14,388, increasing direct beneficial ownership to 23,257 shares.

The transaction is a standard insider equity award rather than an open‑market purchase or sale, indicated by a $0 price and time‑based vesting. For investors this signals board compensation through equity, aligning management incentives with shareholders if the RSUs vest as scheduled. The immediate reporting of the award conforms to Section 16 disclosure requirements; there is no sale or market liquidity event disclosed.

Corporate Governance Expert

TL;DR: Typical director compensation via RSUs with one‑year time vesting increases alignment but is routine.

The form shows a non‑derivative award that vests one year after grant, which is consistent with common retention and alignment practices for directors. The direct ownership figure post‑grant (23,257 shares) is useful for assessing shareholding thresholds but the filing does not disclose percentage ownership or voting control. No indications of exceptional governance events or departures from standard equity grant practices are present in the disclosure.

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^*

Kulkarni Subodh K

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

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		14,388		(2)	(2)	Common Stock	14,388	$0	23,257	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 on August 21, 2026, subject to time-based vesting conditions.

Remarks:

	/s/ Subodh K. Kulkarni	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 Subodh K. Kulkarni report on Form 4 for KTCC?

The report discloses acquisition of 14,388 restricted stock units (RSUs) on 08/21/2025.

When do the RSUs reported by the KTCC director vest?

The RSUs vest on 08/21/2026 subject to time‑based vesting conditions.

How many shares does the reporting person beneficially own after the RSU award?

The reporting person beneficially owns 23,257 shares of common stock following the transaction.

Was any cash paid for the RSUs reported on the form?

The RSUs are reported with a price of $0, indicating they are equity awards rather than purchases.

What type of filing is this disclosure for KTCC?

This disclosure is a Form 4 reporting a change in beneficial ownership under Section 16.