STOCK TITAN

[Form 4] KEY Tronic Corp Insider Trading Activity

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

Mark R Courtney, Vice President of Supply Chain at Key Tronic Corp (KTCC), reported equity transactions on 09/03/2025. 1,847 restricted stock units vested the same day; each unit represents a contingent right to receive one share. To satisfy tax withholding on the vesting, 535 shares were sold in the open market at $2.91 per share. The filing shows the reporting person beneficially owns 12,688 shares directly and holds 5,560 shares indirectly through a 401(k) plan. The restricted stock units vest in three equal annual installments on September 3, 2025, 2026 and 2027, subject to time-based vesting conditions.

Mark R Courtney, Vicepresidente della Supply Chain presso Key Tronic Corp (KTCC), ha segnalato operazioni su titoli il 09/03/2025. Il 1.847 unità di stock restricted si sono consolidate lo stesso giorno; ogni unità dà diritto condizionato a ricevere una azione. Per coprire le imposte dovute al consolidamento, sono state vendute sul mercato aperto 535 azioni al prezzo di $2.91 ciascuna. La comunicazione indica che la persona segnalante possiede direttamente 12.688 azioni e detiene indirettamente 5.560 azioni tramite un piano 401(k). Le restricted stock units maturano in tre rate annuali uguali il 3 settembre 2025, il 2026 e il 2027, subordinate a condizioni di vesting basate sul tempo.

Mark R Courtney, vicepresidente de la cadena de suministro en Key Tronic Corp (KTCC), informó transacciones de capital el 09/03/2025. 1.847 unidades restringidas de acciones se consolidaron ese mismo día; cada unidad confiere el derecho condicionante a recibir una acción. Para cubrir la retención fiscal por la consolidación, se vendieron en el mercado abierto 535 acciones a $2.91 cada una. El informe muestra que la persona informante posee directamente 12.688 acciones y tiene indirectamente 5.560 a través de un plan 401(k). Las unidades restringidas de acciones se liberan en tres cuotas anuales iguales el 3 de septiembre de 2025, 2026 y 2027, sujetas a condiciones de vesting por tiempo.

Mark R Courtney, Key Tronic Corp (KTCC) 공급망 부문 부사장은 2025-09-03에 지분 거래를 보고했습니다. 같은 날 1,847개의 제한형 주식 단위(RSU)가 베스팅되었으며, 각 단위는 주식 한 주를 받을 수 있는 조건부 권리를 나타냅니다. 베스팅으로 인한 세금 원천징수를 충당하기 위해 시장에서 535주를 주당 $2.91에 매도했습니다. 신고서에는 해당 보고인이 직접 12,688주를 보유하고 있으며, 401(k) 플랜을 통해 간접적으로 5,560주를 보유하고 있다고 기재되어 있습니다. RSU는 시간 기준 베스팅 조건에 따라 2025년 9월 3일, 2026, 2027에 걸쳐 동일한 연간 3회 분할로 베스팅됩니다.

Mark R Courtney, vice-président de la supply chain chez Key Tronic Corp (KTCC), a déclaré des opérations sur titres le 09/03/2025. 1 847 unités d'actions restreintes ont acquis le droit le même jour ; chaque unité confère un droit conditionnel à recevoir une action. Pour couvrir la retenue fiscale liée à la levée, 535 actions ont été vendues sur le marché ouvert au prix de 2,91 $ l'unité. Le dépôt indique que la personne déclarante détient directement 12 688 actions et possède indirectement 5 560 actions via un plan 401(k). Les unités d'actions restreintes deviennent acquises en trois versements annuels égaux les 3 septembre 2025, 2026 et 2027, soumis à des conditions d'acquisition basées sur la durée.

Mark R Courtney, Vice President Supply Chain bei Key Tronic Corp (KTCC), meldete Aktiengeschäfte am 09.03.2025. Am selben Tag wurden 1.847 Restricted Stock Units fällig; jede Unit berechtigt bedingt zum Erhalt einer Aktie. Zur Begleichung der Steuerabzüge bei der Vesting wurden 535 Aktien am freien Markt zu je $2.91 verkauft. Die Meldung weist aus, dass die meldende Person direkt 12.688 Aktien besitzt und über einen 401(k)-Plan indirekt 5.560 Aktien hält. Die RSUs vesten in drei gleichen jährlichen Tranchen am 3. September 2025, 2026 und 2027 und unterliegen zeitbasierten Vesting-Bedingungen.

Positive
  • Vesting of 1,847 RSUs increases the reporting person's stake and aligns compensation with shareholder value
  • Transparent tax-withholding sale (535 shares at $2.91) clarifies the purpose of the disposition
Negative
  • Sale of 535 shares reduced direct holdings, albeit explicitly for tax withholding obligations

Insights

TL;DR Insider received 1,847 RSUs, sold 535 shares to cover taxes, and retains meaningful direct and indirect holdings.

The filing documents routine compensation-related activity rather than strategic transactions. The vesting of 1,847 restricted stock units increases the insider's direct exposure to company equity once delivered. The open-market sale of 535 shares at $2.91 is explicitly for tax withholding and does not indicate discretionary liquidity-taking beyond required obligations. Reported beneficial ownership includes 12,688 shares direct and 5,560 indirect via the 401(k), providing continued alignment with shareholder outcomes. No derivative exercises, material dispositions beyond withholding, or large purchases are reported.

TL;DR This is a standard disclosure of time-based equity vesting and tax-related sale, consistent with typical executive compensation practice.

The disclosure describes time-based vesting schedule for restricted stock units over three years, which is a common retention mechanism. The sale of shares to satisfy tax withholding is transparently reported and tied to the vesting event. Beneficial ownership levels shown in the filing should be monitored alongside other insiders for governance context, but this single filing does not raise governance or compliance concerns based on the information provided.

Mark R Courtney, Vicepresidente della Supply Chain presso Key Tronic Corp (KTCC), ha segnalato operazioni su titoli il 09/03/2025. Il 1.847 unità di stock restricted si sono consolidate lo stesso giorno; ogni unità dà diritto condizionato a ricevere una azione. Per coprire le imposte dovute al consolidamento, sono state vendute sul mercato aperto 535 azioni al prezzo di $2.91 ciascuna. La comunicazione indica che la persona segnalante possiede direttamente 12.688 azioni e detiene indirettamente 5.560 azioni tramite un piano 401(k). Le restricted stock units maturano in tre rate annuali uguali il 3 settembre 2025, il 2026 e il 2027, subordinate a condizioni di vesting basate sul tempo.

Mark R Courtney, vicepresidente de la cadena de suministro en Key Tronic Corp (KTCC), informó transacciones de capital el 09/03/2025. 1.847 unidades restringidas de acciones se consolidaron ese mismo día; cada unidad confiere el derecho condicionante a recibir una acción. Para cubrir la retención fiscal por la consolidación, se vendieron en el mercado abierto 535 acciones a $2.91 cada una. El informe muestra que la persona informante posee directamente 12.688 acciones y tiene indirectamente 5.560 a través de un plan 401(k). Las unidades restringidas de acciones se liberan en tres cuotas anuales iguales el 3 de septiembre de 2025, 2026 y 2027, sujetas a condiciones de vesting por tiempo.

Mark R Courtney, Key Tronic Corp (KTCC) 공급망 부문 부사장은 2025-09-03에 지분 거래를 보고했습니다. 같은 날 1,847개의 제한형 주식 단위(RSU)가 베스팅되었으며, 각 단위는 주식 한 주를 받을 수 있는 조건부 권리를 나타냅니다. 베스팅으로 인한 세금 원천징수를 충당하기 위해 시장에서 535주를 주당 $2.91에 매도했습니다. 신고서에는 해당 보고인이 직접 12,688주를 보유하고 있으며, 401(k) 플랜을 통해 간접적으로 5,560주를 보유하고 있다고 기재되어 있습니다. RSU는 시간 기준 베스팅 조건에 따라 2025년 9월 3일, 2026, 2027에 걸쳐 동일한 연간 3회 분할로 베스팅됩니다.

Mark R Courtney, vice-président de la supply chain chez Key Tronic Corp (KTCC), a déclaré des opérations sur titres le 09/03/2025. 1 847 unités d'actions restreintes ont acquis le droit le même jour ; chaque unité confère un droit conditionnel à recevoir une action. Pour couvrir la retenue fiscale liée à la levée, 535 actions ont été vendues sur le marché ouvert au prix de 2,91 $ l'unité. Le dépôt indique que la personne déclarante détient directement 12 688 actions et possède indirectement 5 560 actions via un plan 401(k). Les unités d'actions restreintes deviennent acquises en trois versements annuels égaux les 3 septembre 2025, 2026 et 2027, soumis à des conditions d'acquisition basées sur la durée.

Mark R Courtney, Vice President Supply Chain bei Key Tronic Corp (KTCC), meldete Aktiengeschäfte am 09.03.2025. Am selben Tag wurden 1.847 Restricted Stock Units fällig; jede Unit berechtigt bedingt zum Erhalt einer Aktie. Zur Begleichung der Steuerabzüge bei der Vesting wurden 535 Aktien am freien Markt zu je $2.91 verkauft. Die Meldung weist aus, dass die meldende Person direkt 12.688 Aktien besitzt und über einen 401(k)-Plan indirekt 5.560 Aktien hält. Die RSUs vesten in drei gleichen jährlichen Tranchen am 3. September 2025, 2026 und 2027 und unterliegen zeitbasierten Vesting-Bedingungen.

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*
Courtney Mark R

(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)
Vice President of Supply Chain
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 1,847 A (1) 1,847 D
Common Stock 09/03/2025 S 535(2) D $2.91 1,312 D
Common Stock 5,560(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 1,847 (4) (4) Common Stock 1,847 $0 12,688 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 113 shares of common stock acquired by the reporting person under the registrant's 401(k) plan between May 16, 2025 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/ Mark R Courtney 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 transactions did Mark R Courtney report on Form 4 for KTCC?

The filing reports the vesting of 1,847 restricted stock units on 09/03/2025 and an open-market sale of 535 shares at $2.91 to satisfy tax withholding.

How many shares does the reporting person beneficially own after these transactions?

The filing shows 12,688 shares beneficially owned directly and 5,560 shares indirectly through a 401(k) plan.

Why were 535 shares sold according to the Form 4?

The sale of 535 shares was made in the open market to satisfy the reporting person's tax withholding obligations related to the vesting of restricted stock units.

What are the vesting terms for the restricted stock units?

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

Were any options or other derivative securities exercised or disposed of?

No options or other derivative securities were reported as exercised or disposed of in this filing; the entries relate to restricted stock units and common stock transactions.
Key Tronic

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