Insider Sale: STRT executive disposes 22,890 shares; holdings fall to 5,541
Rhea-AI Filing Summary
Strattec Security Corp (STRT) insider sale disclosed. Senior Vice President & COO Rolando Guillot reported a sale of 22,890 shares of Common Stock on 08/28/2025 at a weighted average price of $65.863 per share, executed through a broker-dealer at prices ranging from $65.01 to $66.80. After the sale, the reporting person beneficially owned 5,541 shares. The Form 4 was signed via power of attorney on 09/02/2025. The filing includes an explanation that detailed per-trade prices are available on request.
Positive
- Timely and clear disclosure of the insider sale including transaction date, aggregate shares sold, and weighted average price
- Provides price-range explanation and offers to supply per-trade details on request, supporting transparency
- Includes required signature via power of attorney, indicating formal execution of the filing
Negative
- Significant reduction in insider ownership: 22,890 shares sold, leaving only 5,541 shares beneficially owned
- Form does not state reason for sale, so market participants lack context for the insider's motivations
Insights
TL;DR: Insider sale of material share quantity, disclosed with price range; ownership materially reduced.
The report shows an officer sale of 22,890 shares at a weighted average of $65.863, leaving 5,541 shares held. This is a clear liquidity event by a named executive rather than an option exercise or open-market plan indicated in the form. The filing provides a price-range disclosure and a standard POA signature. For investors, this is a factual disclosure of insider selling activity without accompanying context on intent.
TL;DR: Filing complies with Section 16 disclosure; sale is documented and signed via power of attorney.
The Form 4 meets required disclosure elements: reporting person, relationship (SVP & COO), transaction date, share quantity sold, weighted average price, post-transaction ownership, and POA signature. The explanation notes multiple trade prices and offers to provide per-trade details, which supports transparency. No amendments or additional arrangements are disclosed in this filing.