Key Tronic executive exercises 2,997 RSUs, sells 884
KEY TRONIC CORP (KTCC) reported insider equity activity by Mark R. Courtney, Vice President of Supply Chain.
Rhea-AI Filing Summary
KEY TRONIC CORP (KTCC) reported insider equity activity by Mark R. Courtney, Vice President of Supply Chain. On August 27, 2026, 2,997 Restricted Stock Units were exercised into 2,997 shares of common stock, and 884 shares were sold at $3.73 per share to satisfy tax withholding related to RSU vesting. After these transactions, Courtney directly holds 16,393 shares of common stock and indirectly holds 6,651 shares through the company 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
Courtney Mark R
Role
Vice President of Supply Chain
Sold
884 shs ($3K)
Approx. gross sale proceeds
$3K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F4 | 2,997 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 2,997 | -- | -- |
| Sale | Common Stock F2 | 884 | $3.73 | $3K |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 16,393 contracts (Direct);
Common Stock — 3,425 shares (Direct);
Common Stock — 6,651 shares (Indirect, 401(k) Plan)
Footnotes (4)
- F1. Each restricted stock unit represents a contingent right to receive one share of common stock.
- F2. 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.
- F3. Includes 76 shares of common stock acquired by the reporting person under the registrant's 401(k) plan between September 8, 2025, and August 27, 2026.
- F4. The restricted stock units vest in three equal annual installments on August 21, 2026, 2027 and 2028, subject to time-based vesting conditions.
Key Figures
RSUs Exercised: 2,997 Restricted Stock Units
Shares Sold: 884 shares
Sale Price: $3.73 per share
+3 more
6 metrics
RSUs Exercised
2,997 Restricted Stock Units
Exercised into common stock on August 27, 2026
Shares Sold
884 shares
Common stock sold on August 27, 2026 to cover tax withholding
Sale Price
$3.73 per share
Price for 884 common shares sold
Direct Holdings After Transaction
16,393 shares
Direct common stock owned by Mark R. Courtney after RSU exercise and sale
Indirect Holdings (401(k) Plan)
6,651 shares
Common stock held through the registrant's 401(k) plan, including 76 shares acquired between September 8, 2025 and August 27, 2026
RSU Vesting Schedule
3 equal annual installments
Restricted Stock Units vest on August 21, 2026, 2027 and 2028
Key Terms
Restricted Stock Units, contingent right, tax withholding obligations, 401(k) plan, +1 more
5 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.
contingent right financial
"represents a contingent right to receive one share of common stock"
tax withholding obligations financial
"sold in the open market in order to satisfy the reporting person's tax withholding obligations"
401(k) plan financial
"acquired by the reporting person under the registrant's 401(k) plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
time-based vesting conditions financial
"vest in three equal annual installments ... subject to time-based vesting conditions"
FAQ
What insider transactions did KTCC executive Mark R. Courtney report on August 27, 2026?
Mark R. Courtney reported exercising 2,997 Restricted Stock Units into common stock and selling 884 shares of KEY TRONIC CORP common stock at $3.73 per share, with the sale made to satisfy tax withholding obligations related to RSU vesting.
How do the reported KTCC RSUs vest for Mark R. Courtney?
The reported Restricted Stock Units vest in three equal annual installments on August 21, 2026, 2027, and 2028, subject to time-based vesting conditions being met.
AI-generated analysis. How Rhea-AI works. Not financial advice.