STRATTEC (STRT) CFO reports tax share withholding after vesting
Rhea-AI Filing Summary
STRATTEC SECURITY CORP senior vice president and chief financial officer Matthew Pauli reported a routine insider transaction related to equity compensation. On 11/13/2025, 814 shares of common stock were withheld (transaction code F) at a price of $0.00 per share, leaving him with 7,893 shares beneficially owned directly after the transaction.
According to the footnote, these 814 shares were withheld to pay tax liabilities that arose when 1,731 shares of restricted stock vested, and the transaction is described as exempt under Rule 16b-3. This reflects tax settlement on vested awards rather than an open-market sale of shares.
Positive
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Negative
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FAQ
What insider transaction did STRATTEC (STRT) report in this Form 4?
The filing reports that Matthew Pauli, STRATTEC's SVP & CFO, had 814 shares of common stock withheld on 11/13/2025 in a transaction coded "F" related to equity compensation.
Was the STRATTEC (STRT) insider transaction an open-market sale?
No. The footnote explains that the 814 shares were withheld to pay tax liabilities arising from the vesting of 1,731 restricted shares, rather than sold in the open market.
How many STRATTEC (STRT) shares does the CFO own after this transaction?
After the reported transaction, Matthew Pauli beneficially owns 7,893 shares of STRATTEC common stock in direct ownership form.
What does transaction code "F" mean in the STRATTEC (STRT) Form 4?
Transaction code "F" indicates shares were withheld by the issuer to satisfy tax withholding obligations upon the vesting of equity awards, as noted in the footnote.
Why were 814 STRATTEC (STRT) shares withheld from the CFO?
The footnote states that 814 shares were withheld for payment of tax liability when 1,731 shares of restricted stock vested, and that this is exempt under Rule 16b-3.
Is the STRATTEC (STRT) insider transaction exempt under securities rules?
Yes. The response section notes that the transaction is exempt under Rule 16b-3, which commonly applies to issuer-related transactions in equity compensation.