Key Tronic EVP sells 1,153 shares after RSU vest
KTCC’s EVP Customer Relations/Integration reported RSU vesting, related share issuance and a small tax-withholding share sale, along with updated 401(k) holdings.
Rhea-AI Filing Summary
KEY TRONIC CORP (KTCC) executive Philip Scott Hochberg, EVP Customer Relations/Integration, reported routine equity compensation activity and a small share sale. On September 3, 2026, 4,619 restricted stock units vested and converted into common shares, and on September 4, 2026, 1,153 shares were sold in the open market at $2.34 per share to satisfy tax withholding obligations. Following these transactions, he also reported 40,573 shares of common stock held indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
Hochberg Philip Scott
Role
EVP Cust Relations/Integration
Sold
1,153 shs ($3K)
Approx. gross sale proceeds
$3K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2 | 1,153 | $2.34 | $3K |
| Exercise | Restricted Stock Units F1, F4 | 4,619 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 4,619 | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 36,364 contracts (Direct);
Common Stock — 41,043 shares (Direct);
Common Stock — 40,573 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 0 shares of common stock acquired by the reporting person under the registrant's 401(k) plan between August 27, 2026 and September, 3, 2026.
- F4. The restricted stock units vest in three equal annual installments on September 3, 2025, 2026 and 2027, subject to time-based vesting conditions.
Key Figures
Shares sold: 1,153 shares
Sale price per share: $2.34 per share
RSUs vested and converted: 4,619 units/shares
+2 more
5 metrics
Shares sold
1,153 shares
Common stock sold on September 4, 2026 to cover tax withholding
Sale price per share
$2.34 per share
Open-market sale of 1,153 KTCC common shares on September 4, 2026
RSUs vested and converted
4,619 units/shares
Restricted stock units vesting and converting into common stock on September 3, 2026
RSUs held after transaction
36,364 restricted stock units
Direct RSU holdings after the September 3, 2026 vesting event
Indirect 401(k) holdings
40,573 shares
Common shares held indirectly through the registrant’s 401(k) plan as of September 3, 2026
Key Terms
Restricted Stock Units, vesting, 401(k) plan, tax withholding obligations
4 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.
vesting financial
"The restricted stock units vest in three equal annual installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
401(k) plan financial
"Includes 0 shares of common stock 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.
tax withholding obligations financial
"Represent common stock sold in the open market in order to satisfy the reporting person's tax withholding obligations"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity transactions did KTCC executive Philip Scott Hochberg report on this Form 4?
He reported 4,619 restricted stock units vesting and converting into common stock on September 3, 2026, and a sale of 1,153 common shares on September 4, 2026 in the open market to satisfy tax withholding obligations.
What RSU activity did KTCC report for its EVP on September 3, 2026?
On September 3, 2026, 4,619 restricted stock units vested and were converted into 4,619 shares of KTCC common stock. After this transaction, the filing shows 36,364 restricted stock units remaining directly owned.
What ongoing equity holdings does the KTCC EVP report in this filing?
He reports 36,364 restricted stock units directly owned after the vesting event and 40,573 shares of common stock held indirectly through the company’s 401(k) plan as of September 3, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
