Key Tronic EVP exercises 5,995 RSUs, sells 1,784
KEY TRONIC CORP (KTCC) reported that EVP Business Development Adam L. Agress exercised or converted 5,995 Restricted Stock Units into 5,995 shares of common stock on August 27, 2026.
Rhea-AI Filing Summary
KEY TRONIC CORP (KTCC) reported that EVP Business Development Adam L. Agress exercised or converted 5,995 Restricted Stock Units into 5,995 shares of common stock on August 27, 2026. Following this RSU-related acquisition, he held 32,785 shares directly. On the same date, 1,784 shares were sold in the open market at $3.73 per share to satisfy tax withholding obligations related to the vesting of RSUs. The RSUs are scheduled to vest in three equal annual installments on August 21, 2026, 2027, and 2028, subject to time-based vesting conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3 | 5,995 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 5,995 | -- | -- |
| Sale | Common Stock F2 | 1,784 | $3.73 | $7K |
Footnotes (3)
- 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. 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
Key Terms
Restricted Stock Units financial
derivative security financial
tax withholding obligations financial
time-based vesting conditions financial
FAQ
What insider transactions did KTCC executive Adam L. Agress report on August 27, 2026?
What is the vesting schedule for the KTCC Restricted Stock Units reported by Adam L. Agress?
Were Adam L. Agress’s KTCC transactions reported as part of a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.