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Strattec (STRT) insider filing: 453 shares disposed for tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Rolando Guillot, identified as SVP & COO of Strattec Security Corp (STRT), reported a transaction dated 08/20/2025 on a Form 4. The filing shows 453 shares of Common Stock were disposed of under transaction code F at a reported price of $0. After the reported disposition, the filing lists 29,337 shares beneficially owned by the reporting person in a direct form. The explanatory note states these shares were withheld to satisfy tax liabilities upon vesting of 1,150 restricted shares, and that the transaction is exempt under Rule 16b-3. The Form 4 was signed via power of attorney on 08/22/2025.

Positive

  • Compliance: Form 4 properly filed and signed via power of attorney, demonstrating timely insider disclosure
  • Clarity: Explanatory note specifies the disposal was for tax withholding on 1,150 vested restricted shares and cites Rule 16b-3 exemption

Negative

  • Reduction in direct holdings: 453 shares were disposed of, lowering the reporting person's direct beneficial ownership to 29,337 shares

Insights

TL;DR: Routine tax-withholding disposition; small reduction in direct holdings, compliant Form 4 filing.

The reported disposal of 453 shares reflects a tax-withholding action tied to the vesting of restricted stock rather than an open-market sale. The filing records a $0 price for the transaction and cites Rule 16b-3 exemption, indicating the company-treated withholding as a non-reportable sale for Section 16 liability purposes. Beneficial ownership remains at 29,337 shares direct, which is a simple mechanical decrease from the vesting event rather than an indicative trading decision.

TL;DR: Disclosure aligns with Section 16 reporting; use of POA and Rule 16b-3 noted.

The Form 4 shows appropriate disclosure practices: the transaction is logged with the correct code (F), an explanatory footnote is provided describing tax withholding on restricted shares, and the signature is executed via power of attorney. These elements suggest procedural compliance with insider reporting obligations. No additional governance issues are identifiable from the filing alone.

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
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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)
08/20/2025
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 453(1) D $0 29,337 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 08/22/2025
** 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 transaction did Rolando Guillot (STRT) report on the Form 4?

The Form 4 reports a disposition of 453 shares on 08/20/2025 under transaction code F, at a reported price of $0.

Why were the 453 shares disposed of according to the filing?

The filing explains the shares were withheld to satisfy tax liability upon vesting of 1,150 restricted shares, and the transaction is exempt under Rule 16b-3.

How many shares does the reporting person own after the reported transaction?

The Form 4 lists 29,337 shares beneficially owned following the reported transaction, held in a direct ownership form.

When was the Form 4 signed and by whom?

The form was signed via power of attorney by J. Bret Treier on 08/22/2025.

Does the filing indicate an open-market sale?

No; the filing states the shares were withheld for tax payment upon vesting and cites a Rule 16b-3 exemption, not an open-market sale.
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