STRATTEC (STRT) SVP & COO sells 22,890 shares at $65.86
Strattec Security Corp (STRT) insider sale disclosed.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.01 per share | 22,890 | $65.863 | $1.51M |
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 $65.01 to $66.80. 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 sold at each price.
FAQ
What did the Strattec (STRT) Form 4 filed by Rolando Guillot disclose?
Who signed the Form 4 for the STRT reporting person?
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