Key Tronic director exercises 14,388 RSUs
KEY TRONIC CORP (KTCC) director James R. Bean reported an exercise of equity awards.
Rhea-AI Filing Summary
KEY TRONIC CORP (KTCC) director James R. Bean reported an exercise of equity awards. On August 27, 2026 he exercised 14,388 Restricted Stock Units, each representing a contingent right to receive one share of common stock, resulting in the issuance of 14,388 shares of common stock. These RSUs had vested on August 21, 2026. Following the transactions, he directly held 30,043 shares of common stock and 10,723 Restricted Stock Units.
Positive
- None.
Negative
- None.
Insider Trade Summary
14,388 shares exercised/converted
Exercise
2 txns
Insider
BEAN JAMES R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 14,388 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 14,388 | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 10,723 contracts (Direct);
Common Stock — 30,043 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of common stock.
- F2. The restricted stock units vested on August 21, 2026.
Key Figures
Restricted Stock Units Exercised: 14,388 units
Common Stock Received: 14,388 shares
Common Stock Holdings After Transaction: 30,043 shares
+2 more
5 metrics
Restricted Stock Units Exercised
14,388 units
Exercised/converted on August 27, 2026
Common Stock Received
14,388 shares
Shares of KEY TRONIC CORP common stock underlying the exercised RSUs
Common Stock Holdings After Transaction
30,043 shares
Direct ownership after August 27, 2026 transaction
Restricted Stock Units Remaining
10,723 units
Derivative holdings following the RSU exercise
RSU Vesting Date
August 21, 2026
Date on which the restricted stock units vested
Key Terms
Restricted Stock Units, derivative security, contingent right
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.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"represents a contingent right to receive one share of common stock"
FAQ
What insider transaction did KTCC director James R. Bean report?
James R. Bean reported exercising 14,388 Restricted Stock Units on August 27, 2026, receiving an equal number of KEY TRONIC CORP common shares. The RSUs had vested on August 21, 2026, and the transaction is coded as an exercise or conversion of a derivative security.
How many Restricted Stock Units does James R. Bean still hold at KTCC?
Following the exercise of 14,388 Restricted Stock Units, James R. Bean continues to hold 10,723 Restricted Stock Units, as shown in the derivative holdings field after the August 27, 2026 transaction.
What does each KTCC Restricted Stock Unit represent in this filing?
Each KEY TRONIC CORP Restricted Stock Unit represents a contingent right to receive one share of common stock, according to the footnote describing the RSUs in the Form 4.
Were James R. Bean’s KTCC transactions under a Rule 10b5-1 trading plan?
The Rule 10b5-1 checkbox is not checked, and there is no footnote stating that these transactions were made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
