Strattec Insider Reporting: Restricted Stock Withheld for Taxes

Rhea-AI Filing Summary

Strattec Security Corp (STRT) insider Rolando Guillot, SVP & COO, reported two non‑derivative disposals of common stock tied to tax withholding after restricted stock vesting. The Form 4 shows dispositions coded as F with notation 453(1), reflecting shares withheld for taxes: 453 shares disposed on 08/22/2025 leaving 28,884 shares beneficially owned, and 453 shares disposed on 08/23/2025 leaving 28,431 shares. The transactions were recorded at $0, consistent with tax‑withholding treatment, and the filer notes the withholding related to 1,150 restricted shares vested and exempt under Rule 16b‑3.

Positive

• Transactions are routine tax‑withholding related for vested restricted stock and exempt under Rule 16b‑3
• No open‑market sales or derivative exercises were reported, reducing potential market signaling risk

Negative

• Officer's direct beneficial ownership decreased from 28,884 to 28,431 shares after the reported disposals

Insights

Corporate Governance Expert

TL;DR: Routine tax‑withholding share dispositions from restricted stock vesting; not uncommon and generally non‑value destructive.

The filings reflect standard withholding of vested restricted stock to satisfy tax obligations, indicated by code F and the 453(1) notation. Two small disposals (453 shares each) reduced the officer's direct holdings modestly to 28,431 shares. There is an explicit statement that withholding related to 1,150 vested restricted shares and is exempt under Rule 16b‑3, which is common for compensatory issuances and generally not material to control or governance dynamics.

Securities Analyst

TL;DR: Disposals recorded at $0 show tax‑withholding mechanics, not open‑market sales; minimal immediate market impact.

The two reported disposals are documented as having a $0 price, consistent with shares withheld rather than cash sales. Each transaction reduced direct beneficial ownership by a small percentage relative to the reported post‑transaction holdings. No derivative activity, option exercises, or open‑market transactions are reported, limiting potential signaling to investors.

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

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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^*

Guillot Rolando

(Last) (First) (Middle)

C/O STRATTEC SECURITY CORPORATION

3333 WEST GOOD HOPE ROAD

(Street)

MILWAUKEE WI 53209

(City) (State) (Zip)

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 & COO

3. Date of Earliest Transaction (Month/Day/Year)
08/22/2025

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

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

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

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	08/22/2025		F		453(1)	D	$0	28,884	D
Common Stock, par value $0.01 per share	08/23/2025		F		453(1)	D	$0	28,431	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 1,150 shares of restricted stock; exempt under Rule 16b-3.

	/s/ J. Bret Treier, via Power of Attorney	08/26/2025
	** 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.

FAQ

What did Rolando Guillot report on the Form 4 for STRT?

He reported two disposals of common stock via tax withholding: 453 shares on 08/22/2025 and 453 shares on 08/23/2025.

Why were the shares reported at $0 on the Form 4?

The $0 price reflects shares withheld to satisfy tax liability upon vesting of restricted stock, not cash sales.

How many restricted shares vested according to the filing?

The filing notes withholding related to 1,150 vested restricted shares, exempt under Rule 16b‑3.

What is Rolando Guillot's role at Strattec Security Corp?

He is SVP & COO and filed the Form 4 as an officer.

What were Guillot's beneficial holdings after the transactions?

Post‑transaction beneficial ownership was reported as 28,884 shares and then 28,431 shares following the two withholdings.