STRATTEC CEO buys 1,598 shares in open market
STRATTEC SECURITY CORP director and President & CEO Jennifer Lynn Slater reported open-market purchases of company stock.
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.
Form Type
4
Rhea-AI Filing Summary
STRATTEC SECURITY CORP director and President & CEO Jennifer Lynn Slater reported open-market purchases of company stock. On May 12, 2026, she bought 797.28 shares of common stock at $62.71 per share. On May 13, 2026, she bought 800.56 shares at a weighted average price of $62.46 per share.
The May 13, 2026 transaction reflects multiple trades executed through a broker-dealer at prices ranging from $62.22 to $62.715. After these purchases, Slater directly held 57,923.86 shares of STRATTEC SECURITY CORP common stock.
Insider Trade Summary
Net Buyer: 1,597.84 shares
Net Buy
2 txns
Insider
Slater Jennifer Lynn
Role
President & CEO
Bought
1,597.84 shs ($100K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.01 per share | 800.56 | $62.46 | $50K |
| Purchase | Common Stock, par value $0.01 per share | 797.28 | $62.71 | $50K |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 57,923.86 shares (Direct)
Footnotes (1)
- F1. The price reported in this column reflects the weighted average purchase price of multiple trades executed through a broker-dealer at prices ranging from $62.22 to $62.715. Upon request, the reporting person will provide to the SEC staff, the Issuer, or any security holder of the issuer, detailed information regarding the number of shares purchased at each price.
Key Figures
Total shares bought: 1,597.84 shares
Purchase price May 12: $62.71 per share
Weighted avg price May 13: $62.46 per share
+4 more
7 metrics
Total shares bought
1,597.84 shares
Open-market purchases on May 12–13, 2026
Purchase price May 12
$62.71 per share
Open-market purchase of 797.28 shares
Weighted avg price May 13
$62.46 per share
Open-market purchase of 800.56 shares
Shares bought May 12
797.28 shares
Non-derivative common stock
Shares bought May 13
800.56 shares
Non-derivative common stock
Holdings after trades
57,923.86 shares
Direct ownership after May 13, 2026 transaction
Price range May 13 trades
$62.22–$62.715
Multiple trades through a broker-dealer
Key Terms
open-market purchase, weighted average purchase price, broker-dealer, non-derivative, +1 more
5 terms
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average purchase price financial
"reflects the weighted average purchase price of multiple trades"
The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.
broker-dealer financial
"multiple trades executed through a broker-dealer at prices ranging"
A broker-dealer is a licensed firm or individual that both executes trades on behalf of clients (acting as a broker) and buys or sells securities for its own account (acting as a dealer). Investors care because broker-dealers provide the plumbing of markets — they place orders, hold or move cash and securities, offer research or advice, and their stability and fees directly affect trade execution, costs, and the safety of client funds; think of them as a combined travel agent and taxi for your investments.
non-derivative financial
""transaction_type": "non-derivative""
common stock financial
"Common Stock, par value $0.01 per share"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did STRATTEC SECURITY CORP (STRT) report for Jennifer Lynn Slater?
Jennifer Lynn Slater reported two open-market purchases of STRATTEC SECURITY CORP common stock. She bought 797.28 shares on May 12, 2026 at $62.71 and 800.56 shares on May 13, 2026 at a weighted average price of $62.46 per share.
What does the weighted average price mean in the STRATTEC SECURITY CORP (STRT) insider filing?
The weighted average price of $62.46 on May 13, 2026 reflects multiple trades executed at prices between $62.22 and $62.715. The CEO notes that, upon request, she will provide detailed share and price breakdowns for each trade to regulators or shareholders.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates