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Strattec awards 1,721 shares, 1,721 units to VP

STRATTEC SECURITY CORP (symbol: STRT) is the issuer of record for a Form 4 filing submitted to the SEC.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

STRATTEC SECURITY CORP (symbol: STRT) is the issuer of record for a Form 4 filing submitted to the SEC. Denis James reported acquisition or exercise transactions in this Form 4 filing.

STRATTEC SECURITY CORP (STRT) reported that officer Denis James, VP, General Counsel and Secretary, received equity awards on September 1, 2026. He was granted 1,721 shares of restricted common stock that vest in three equal annual installments on September 1, 2027, 2028 and 2029, and 1,721 Performance Restricted Stock Units, each representing a contingent right to receive one share of common stock. The performance units depend on the company’s EBITDA percentage over a three-year period ending July 1, 2029, subject to a modifier based on relative total shareholder return, and expire on September 29, 2029. Following these awards, James holds 1,721 shares of common stock and 1,721 performance units directly.

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Insider Denis James
Role VP, General Counsel, Secretary
Type Security Shares Price Value
Grant/Award Performance Restricted Stock Units F2 1,721 $0.00 $0.00
Grant/Award Common Stock, par value $0.01 per share F1 1,721 $0.00 $0.00
Holdings After Transaction: Performance Restricted Stock Units — 1,721 contracts (Direct); Common Stock, par value $0.01 per share — 1,721 shares (Direct)
Footnotes (2)
  1. F1. Grant of shares of restricted stock which vest pro rata over three years on each anniversary of the grant date (i.e., one-third vest on each of September 1, 2027, September 1, 2028 and September 1, 2029).
  2. F2. Each performance stock unit represents a contingent right to receive one share of the Issuer's Common Stock based upon the Issuer's EBITDA percentage over a three-year performance period ending July 1, 2029, subject to a modifier based on relative total shareholder return.
Restricted stock granted 1,721 shares Time-based restricted common stock granted on September 1, 2026
Performance Restricted Stock Units granted 1,721 units Performance RSUs granted on September 1, 2026, each for one common share
Common shares held after grant 1,721 shares Direct ownership of STRT common stock following the restricted stock award
Performance period end July 1, 2029 Three-year performance period for EBITDA percentage on performance units
Performance RSU expiration date September 29, 2029 Expiration date of Performance Restricted Stock Units
Vesting schedule end date September 1, 2029 Final vesting installment date for restricted stock
Performance Restricted Stock Units financial
"Each performance stock unit represents a contingent right to receive one share"
Performance restricted stock units (PRSUs) are promises to deliver company shares to employees or executives only if the business meets specific performance targets and any time-based holding rules. Think of them as a bonus that converts into stock only after set goals are reached, so investors watch PRSUs for two reasons: they can dilute existing shares if paid out, and they signal how closely management’s pay is tied to company performance.
EBITDA percentage financial
"based upon the Issuer's EBITDA percentage over a three-year performance period"
total shareholder return financial
"subject to a modifier based on relative total shareholder return"
Total shareholder return is the overall gain an investor gets from owning a stock, combining changes in the share price plus any cash payouts like dividends, and assuming those payouts are reinvested in more shares. Investors use it like a single score that shows the true return on their investment—similar to checking both the growth of a savings account and the interest earned—to compare how well different companies or investments perform over time.
restricted stock financial
"Grant of shares of restricted stock which vest pro rata over three years"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

FAQ

What equity awards did STRT grant to officer Denis James on September 1, 2026?

Denis James received 1,721 shares of restricted common stock and 1,721 Performance Restricted Stock Units on September 1, 2026, as reported by STRATTEC SECURITY CORP.

How do the restricted stock awards for STRT’s Denis James vest?

The 1,721 restricted shares granted to Denis James vest pro rata over three years: one-third on each of September 1, 2027, September 1, 2028, and September 1, 2029.

What performance conditions apply to Denis James’s STRT Performance Restricted Stock Units?

Each of the 1,721 Performance Restricted Stock Units represents a contingent right to one STRT common share based on the issuer’s EBITDA percentage over a three-year period ending July 1, 2029, subject to a modifier based on relative total shareholder return.

When do the Performance Restricted Stock Units granted to STRT’s Denis James expire?

The Performance Restricted Stock Units granted to Denis James carry an expiration date of September 29, 2029, if the performance and other conditions for settlement into common stock are not met earlier.

How many STRT common shares does Denis James hold after these transactions?

After the September 1, 2026 restricted stock grant, Denis James directly holds 1,721 shares of STRT common stock, as reported in the Form 4 filing.

Does Denis James’s Form 4 for STRT involve any stock sales?

No. The Form 4 reports only acquisitions of restricted stock and Performance Restricted Stock Units by Denis James; there are no reported sales or dispositions in this filing.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Denis James

(Last)(First)(Middle)
3333 WEST GOOD HOPE ROAD

(Street)
MILWAUKEE WISCONSIN 53209

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
STRATTEC SECURITY CORP [ STRT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
VP, General Counsel, Secretary
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock, par value $0.01 per share09/01/2026A1,721(1)A$01,721D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance Restricted Stock Units(2)09/01/2026A1,721 (2)09/29/2029Common Stock, par value $0.01 per share1,721$01,721D
Explanation of Responses:
1. Grant of shares of restricted stock which vest pro rata over three years on each anniversary of the grant date (i.e., one-third vest on each of September 1, 2027, September 1, 2028 and September 1, 2029).
2. Each performance stock unit represents a contingent right to receive one share of the Issuer's Common Stock based upon the Issuer's EBITDA percentage over a three-year performance period ending July 1, 2029, subject to a modifier based on relative total shareholder return.
/s/ James Denis09/03/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)