STRT Insider Report: Messina Withholds Shares on Restricted Stock Vesting

Rhea-AI Filing Summary

Richard P. Messina, identified as a Director and VP & Chief Technical Officer of Strattec Security Corp (STRT), reported a non-sale disposition on 08/20/2025. The Form 4 shows a transaction coded "F" for 320 shares disposed at $0, leaving 13,830 shares beneficially owned following the reported transaction. The filing includes an explanation that shares were withheld to satisfy tax liability upon vesting of restricted stock; the narrative references 950 shares withheld and states the action is exempt under Rule 16b-3. The Form 4 is signed via power of attorney on 08/22/2025.

Positive

• Transaction reported as exempt under Rule 16b-3, consistent with standard tax-withholding on vested restricted stock
• Form 4 discloses post-transaction beneficial ownership (13,830 shares), providing transparency about insider holdings

Negative

• None.

Insights

Securities Compliance Analyst

TL;DR: Routine tax-withholding disposition of vested restricted stock, reported under Rule 16b-3 exemptions; no sale proceeds reported.

The Form 4 documents an internal disposition coded as "F," showing 320 shares marked as disposed at $0 and an explanatory note that shares were withheld to cover taxes on vesting restricted stock (the text references 950 shares withheld). This pattern is consistent with standard payroll tax withholding when equity awards vest and is explicitly claimed as exempt under Rule 16b-3. There is no indication of open-market selling or change in control. From a compliance perspective, the filing supplies the required disclosure of the reporting person, relationship to the issuer, transaction date, and post-transaction beneficial ownership.

Corporate Governance Specialist

TL;DR: Insider reported restricted-stock tax withholding; impact immaterial to shareholders and consistent with routine equity award processing.

The report shows management-level ownership and a small reduction in beneficial shares tied to tax withholding upon vesting. The filing notes exemption under Rule 16b-3, which covers certain transactions related to employee benefit plans. No material shift in ownership percentage is evident from the reported ending balance of 13,830 shares. For governance, the disclosure meets Section 16 reporting requirements and includes a POA signature, indicating proper execution of the filing process.

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

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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^*

Messina Richard P

(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)
	VP & Chief Technical Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/20/2025

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	08/20/2025		F		320(1)	D	$0	13,830	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 950 shares of restricted stock; exempt under Rule 16b-3.

	/s/ J. Bret Treier, via Power of Attorney	08/22/2025
	** 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 Richard P. Messina report on the Form 4 for STRT?

The Form 4 reports a non-sale disposition on 08/20/2025 related to restricted stock tax withholding, showing 320 shares disposed at $0 and 13,830 shares owned after the transaction.

Why were shares disposed according to the filing?

The filing states shares were withheld to pay tax liability upon vesting of restricted stock and notes the action is exempt under Rule 16b-3.

What is Richard Messina's role at Strattec Security Corp (STRT)?

The Form 4 identifies him as a Director and an Officer with the title VP & Chief Technical Officer.

How many shares were withheld according to the explanatory note?

The explanatory text references 950 shares withheld for tax liability upon vesting of restricted stock; the transaction table shows 320 shares marked as disposed in the reported transaction.

When was the Form 4 signed?

The Form 4 is signed via power of attorney on 08/22/2025.