Strattec grants SVP 1,498 shares, 1,498 units

STRATTEC’s SVP & Chief Commercial Officer received time‑based restricted stock and performance‑based stock units tied to EBITDA and relative TSR metrics.

Rhea-AI Filing Summary

STRATTEC SECURITY CORP (symbol: STRT) is the issuer of record for a Form 4 filing submitted to the SEC. Becker-Varto Chey reported acquisition or exercise transactions in this Form 4 filing.

STRATTEC SECURITY CORP (STRT) reported that executive Chey Becker-Varto, Senior Vice President & Chief Commercial Officer, received equity awards on September 1, 2026. The awards include 1,498 shares of common stock as restricted stock that were granted at no cash cost and will vest in three equal annual installments on September 1, 2027, 2028 and 2029.

In addition, Becker-Varto received 1,498 Performance Restricted Stock Units, each representing a contingent right to receive one share of common stock. Settlement of these units depends on STRATTEC’s EBITDA percentage over a three-year performance period ending July 1, 2029, and is further adjusted by a modifier based on relative total shareholder return. Following these awards, Becker-Varto directly holds 2,954 shares of common stock and 3,202 performance-based units as reported in the filing.

Insider Trade Summary

Grant/Award: 2,996 shares

Grant/Award 2 txns

Insider Becker-Varto Chey

Role SVP & Chief Commercial Officer

Type	Security	Shares	Price	Value
Grant/Award	Performance Restricted Stock Units F2	1,498	$0.00	$0.00
Grant/Award	Common Stock, par value $0.01 per share F1	1,498	$0.00	$0.00

Holdings After Transaction: Performance Restricted Stock Units — 3,202 contracts (Direct); Common Stock, par value $0.01 per share — 2,954 shares (Direct)

Footnotes (2)

1. F1. Grant of shares of restricted stock which vest pro rata over three years on each anniversary of the grant date (i.e., one-third vest on each of September 1, 2027, September 1, 2028 and September 1, 2029).
2. F2. Each performance stock unit represents a contingent right to receive one share of the Issuer's Common Stock based upon the Issuer's EBITDA percentage over a three-year performance period ending July 1, 2029, subject to a modifier based on relative total shareholder return.

Key Figures

Restricted stock granted: 1,498 shares Performance Restricted Stock Units granted: 1,498 units Common stock holdings after grant: 2,954 shares +3 more

6 metrics

Restricted stock granted 1,498 shares Time-based restricted common stock granted on September 1, 2026

Performance Restricted Stock Units granted 1,498 units Performance RSUs granted on September 1, 2026

Common stock holdings after grant 2,954 shares Direct ownership of STRT common stock following the reported grant

Performance RSU holdings after grant 3,202 units Total Performance Restricted Stock Units held after the transaction

Performance period end date July 1, 2029 End of three-year EBITDA-based performance period for performance units

PSU expiration date September 29, 2029 Expiration date reported for the Performance Restricted Stock Units

Key Terms

Performance Restricted Stock Units, restricted stock, EBITDA percentage, relative total shareholder return

4 terms

Performance Restricted Stock Units financial

"Each performance stock unit represents a contingent right to receive one share"

Performance restricted stock units (PRSUs) are promises to deliver company shares to employees or executives only if the business meets specific performance targets and any time-based holding rules. Think of them as a bonus that converts into stock only after set goals are reached, so investors watch PRSUs for two reasons: they can dilute existing shares if paid out, and they signal how closely management’s pay is tied to company performance.

restricted stock financial

"Grant of shares of restricted stock which vest pro rata over three years"

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.

EBITDA percentage financial

"based upon the Issuer's EBITDA percentage over a three-year performance period"

relative total shareholder return financial

"subject to a modifier based on relative total shareholder return"

Relative total shareholder return measures how much an investor’s gain from a company — including stock price changes and dividends — beats or lags a chosen benchmark or peer group over a set time. Think of it as a race: it shows whether the company outpaced rivals or the market, which helps investors and boards judge performance, compare returns fairly, and link results to pay or investment decisions.

FAQ

What equity awards did STRT grant to SVP & Chief Commercial Officer Chey Becker-Varto?

Chey Becker-Varto received 1,498 shares of restricted common stock and 1,498 Performance Restricted Stock Units on September 1, 2026, all granted at $0.00 per share as part of equity compensation.

How do the performance stock units granted by STRT to Becker-Varto vest or settle?

Each Performance Restricted Stock Unit represents a contingent right to receive one STRT common share based on the company’s EBITDA percentage over a three-year performance period ending July 1, 2029, with results subject to a relative total shareholder return modifier.

What is the vesting schedule for Chey Becker-Varto’s STRT restricted stock grant?

The 1,498 restricted shares of STRT common stock vest pro rata over three years, with one‑third vesting on each of September 1, 2027, September 1, 2028, and September 1, 2029, as long as the vesting conditions are satisfied.

How many STRT common shares does Becker-Varto hold after these transactions?

After the September 1, 2026 grant, Chey Becker-Varto directly holds 2,954 shares of STRT common stock, according to the reported post-transaction holdings for the non-derivative securities.

How many performance-based units does Becker-Varto hold after the STRT Form 4 transactions?

Following the grant, Becker-Varto holds 3,202 Performance Restricted Stock Units in total, as reported in the filing’s derivative securities section for post-transaction holdings.

Were Chey Becker-Varto’s STRT equity awards made under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not affirmed, indicating these awards are not reported as having been made under a Rule 10b5-1 trading plan.

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Available on EDGAR 09/03/2026 - 06:16 AM Accepted by SEC EDGAR 09/03/2026 - 06:16 AM 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)
09/01/2026

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	09/01/2026		A		1,498(1)	A	$0	2,954	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
Performance Restricted Stock Units	(2)	09/01/2026		A		1,498		(2)	09/29/2029	Common Stock, par value $0.01 per share	1,498	$0	3,202	D

Explanation of Responses:

1. Grant of shares of restricted stock which vest pro rata over three years on each anniversary of the grant date (i.e., one-third vest on each of September 1, 2027, September 1, 2028 and September 1, 2029).

2. Each performance stock unit represents a contingent right to receive one share of the Issuer's Common Stock based upon the Issuer's EBITDA percentage over a three-year performance period ending July 1, 2029, subject to a modifier based on relative total shareholder return.

	/s/ J. Bret Treier, via Power of Attorney	09/03/2026
	** 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)