Strattec CFO granted 6,180 stock, RSU awards
STRT’s SVP & CFO received new time-based and performance-based stock awards, increasing his direct equity holdings.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
STRATTEC SECURITY CORP (symbol: STRT) is the issuer of record for a Form 4 filing submitted to the SEC. Pauli Matthew reported acquisition or exercise transactions in this Form 4 filing.
STRATTEC SECURITY CORP (STRT) reported that its SVP & CFO, Matthew Pauli, received equity awards on September 1, 2026. He was granted 3,090 shares of restricted common stock that vest in three equal installments on September 1, 2027, 2028 and 2029, and 3,090 Performance Restricted Stock Units, each representing a contingent right to one common share based on EBITDA performance over a three-year period ending July 1, 2029, modified by relative total shareholder return. Following these grants, he directly holds 10,432 common shares and 6,606 performance RSUs. No Rule 10b5-1 trading plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Restricted Stock Units F2 | 3,090 | $0.00 | $0.00 |
| Grant/Award | Common Stock, par value $0.01 per share F1 | 3,090 | $0.00 | $0.00 |
Footnotes (2)
- 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).
- 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
Key Terms
Performance Restricted Stock Units financial
restricted stock financial
EBITDA percentage financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did STRT grant to its SVP & CFO Matthew Pauli on this Form 4?
How do the new restricted stock awards for STRT’s CFO vest?
What performance conditions apply to the STRT Performance Restricted Stock Units granted?
How many Performance Restricted Stock Units in STRT does the CFO hold after the grants?
Were the STRT insider transactions made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.