Dimensional reports 650,038 Key Tronic (KTCC) shares, a 6.0% stake
Rhea-AI Filing Summary
Dimensional Fund Advisors reported beneficial ownership of 650,038 shares of Key Tronic Corp common stock, representing 6.0% of the outstanding class. The shares are held across investment funds for which Dimensional or its subsidiaries provide advisory or management services.
Dimensional has sole voting power over 646,853 shares and sole dispositive power over 650,038 shares, with no shared voting or dispositive authority. All securities are owned by the underlying funds, which retain rights to dividends and sale proceeds, and Dimensional disclaims beneficial ownership beyond Section 13(d) reporting purposes.
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Key Figures
Shares Beneficially Owned: 650,038 shares
Percent of Class: 6.0%
Sole Voting Power: 646,853 shares
+3 more
6 metrics
Shares Beneficially Owned
650,038 shares
Common stock of Key Tronic Corp reported by Dimensional Fund Advisors
Percent of Class
6.0%
Portion of Key Tronic Corp common stock outstanding represented by Dimensional’s holdings
Sole Voting Power
646,853 shares
Shares for which Dimensional can vote or direct the vote
Shared Voting Power
0 shares
No shares with shared power to vote or direct the vote
Sole Dispositive Power
650,038 shares
Shares over which Dimensional can dispose or direct disposition
Shared Dispositive Power
0 shares
No shares with shared power to dispose or direct disposition
Key Terms
beneficial owner, dispositive power, sole power to vote, disclaims beneficial ownership, +1 more
5 terms
beneficial owner regulatory
"may be deemed to be the beneficial owner of the shares of the Issuer"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
dispositive power regulatory
"sole power to dispose or to direct the disposition of: 650,038"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
sole power to vote regulatory
"sole power to vote or to direct the vote: 646,853"
disclaims beneficial ownership regulatory
"Dimensional disclaims beneficial ownership of such securities."
Section 13(d) of the Securities Exchange Act of 1934 regulatory
"for any other purposes than Section 13(d) of the Securities Exchange Act of 1934."
Section 13(d) of the Securities Exchange Act of 1934 is a U.S. rule that requires anyone who buys more than 5% of a public company’s shares to publicly disclose who they are, how many shares they own, and their intentions toward the company. For investors, this is like a neighborhood alert when someone acquires a large stake in a building: it reveals potential changes in control or strategy that could affect the stock’s price, governance, or future direction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Key Tronic Corp (KTCC) does Dimensional Fund Advisors’ position represent?
The reported position represents 6.0% of Key Tronic Corp’s outstanding common stock. This makes Dimensional a holder of more than 5% of the class, triggering Section 13(d) reporting requirements under the Securities Exchange Act of 1934.
Does any single Dimensional-advised fund hold more than 5% of KTCC’s stock?
No single fund exceeds 5% of Key Tronic Corp’s common stock. The report states that, to Dimensional’s knowledge, the interest of any one fund does not surpass this threshold, even though all funds together account for a 6.0% stake.