STRATTEC SECURITY CORP (STRT) exec has 248 shares withheld

Rhea-AI Filing Summary

For STRATTEC SECURITY CORP (STRT), SVP & Chief Commercial Officer Chey Becker-Varto reported a Form 4 transaction involving company common stock. On 2026-08-22, 248 shares were disposed of through shares withheld for payment of tax liability upon the vesting of 568 shares of restricted stock, a transaction exempt under Rule 16b-3. Following this tax-withholding disposition, the officer's directly held position is 1,456 shares of common stock.

Insider Trade Summary

Net Seller: 248 shares

Net Sell 1 txn

Insider Becker-Varto Chey

Role SVP & Chief Commercial Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock, par value $0.01 per share F1	248	$0.00	$0.00

Holdings After Transaction: Common Stock, par value $0.01 per share — 1,456 shares (Direct)

Footnotes (1)

1. F1. Shares withheld for payment of tax liability upon vesting of 568 shares of restricted stock; exempt under Rule 16b-3.

Key Figures

Shares withheld for taxes: 248 shares Restricted stock vested: 568 shares Shares owned after transaction: 1,456 shares

3 metrics

Shares withheld for taxes 248 shares Shares withheld to pay tax liability on restricted stock vesting on 2026-08-22

Restricted stock vested 568 shares Shares of restricted stock that vested, triggering the tax-withholding transaction

Shares owned after transaction 1,456 shares Directly held STRT common stock following the 248-share tax-withholding disposition

Key Terms

restricted stock, tax liability, Rule 16b-3

3 terms

restricted stock financial

"upon vesting of 568 shares of restricted stock; exempt under Rule 16b-3"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

tax liability financial

"Shares withheld for payment of tax liability upon vesting of 568 shares"

Rule 16b-3 regulatory

"vested ... restricted stock; exempt under Rule 16b-3"

Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.

FAQ

What insider transaction did STRT executive Chey Becker-Varto report on this Form 4?

Chey Becker-Varto reported a Form 4 transaction where 248 STRT common shares were disposed of through shares withheld to cover tax liability upon the vesting of 568 shares of restricted stock on 2026-08-22, under an exemption in Rule 16b-3.

Was the STRT Form 4 transaction a market sale or tax withholding?

The reported STRT transaction was tax withholding, not an open-market sale. 248 shares of common stock were withheld to pay tax liability triggered by the vesting of 568 restricted shares, as described in the filing footnote.

How many STRT shares does Chey Becker-Varto hold after this Form 4 transaction?

After the reported transaction, Chey Becker-Varto directly holds 1,456 shares of STRT common stock. This figure is stated as the total shares beneficially owned following the 248-share tax-withholding disposition tied to restricted stock vesting.

What restricted stock activity did STRT disclose for Chey Becker-Varto?

The filing notes the vesting of 568 shares of restricted stock for Chey Becker-Varto. To cover the resulting tax liability, 248 of those shares were withheld, and the transaction is identified as exempt under Rule 16b-3.

Does the STRT Form 4 indicate use of a Rule 10b5-1 trading plan?

No. The Form 4 identifies no Rule 10b5-1 plan for this transaction; the document-level 10b5-1 checkbox is explicitly set to false. The transaction instead reflects shares withheld for tax liabilities on restricted stock vesting.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/25/2026 - 06:00 PM Accepted by SEC EDGAR 08/25/2026 - 06:00 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Becker-Varto Chey

(Last) (First) (Middle)

3333 WEST GOOD HOPE ROAD

(Street)

MILWAUKEE WISCONSIN 53209

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
STRATTEC SECURITY CORP [ STRT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP & Chief Commercial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/22/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.01 per share	08/22/2026(1)		F		248	D	$0	1,456	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares withheld for payment of tax liability upon vesting of 568 shares of restricted stock; exempt under Rule 16b-3.

	/s/ J. Bret Treier, via Power of Attorney	08/25/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)