STOCK TITAN

Strattec grants CEO 9,296 shares, 9,296 units

President & CEO Jennifer Lynn Slater received time-based and performance-based equity awards, increasing her direct ownership in STRATTEC SECURITY CORP.

(Neutral)
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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. Slater Jennifer Lynn reported acquisition or exercise transactions in this Form 4 filing.

STRATTEC SECURITY CORP (STRT) reported that President & CEO Jennifer Lynn Slater received equity compensation awards on September 1, 2026. She was granted 9,296 shares of restricted common stock that vest in three equal annual installments starting September 1, 2027, and 9,296 performance restricted stock units, each representing a contingent right to one share of common stock based on EBITDA percentage over a three-year performance period ending July 1, 2029, with a modifier tied to relative total shareholder return. Following these awards, she holds 59,695 shares of common stock and 36,344 performance restricted stock units directly. No Rule 10b5-1 trading plan is reported.

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Insider Slater Jennifer Lynn
Role President & CEO
Type Security Shares Price Value
Grant/Award Performance Restricted Stock Units F2 9,296 $0.00 $0.00
Grant/Award Common Stock, par value $0.01 per share F1 9,296 $0.00 $0.00
Holdings After Transaction: Performance Restricted Stock Units — 36,344 contracts (Direct); Common Stock, par value $0.01 per share — 59,695 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 common shares granted 9,296 shares Time-based restricted stock granted on September 1, 2026
Performance restricted stock units granted 9,296 units Performance stock units granted on September 1, 2026
Common shares owned after award 59,695 shares Direct ownership following the restricted stock grant
Performance RSUs owned after award 36,344 units Direct holdings after the performance unit grant
Performance period end date July 1, 2029 End of three-year performance period for performance stock units
Vesting schedule duration 3 years Time-based restricted stock vests over three anniversaries of grant
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.

FAQ

What equity awards did STRATTEC SECURITY CORP (STRT) grant to its CEO on this Form 4?

On September 1, 2026, STRATTEC SECURITY CORP granted President & CEO Jennifer Lynn Slater 9,296 restricted common shares and 9,296 performance restricted stock units as equity compensation awards.

How do the new restricted stock awards for STRT’s CEO vest?

The 9,296 restricted common shares vest pro rata over three years, with one-third vesting on each of September 1, 2027, September 1, 2028, and September 1, 2029, provided the vesting conditions are satisfied.

What performance conditions apply to the STRT performance restricted stock units?

Each of the 9,296 performance stock units represents a contingent right to one STRATTEC common share, based on the company’s EBITDA percentage over a three-year performance period ending July 1, 2029, with a modifier based on relative total shareholder return.

How many STRT common shares does the CEO own after these transactions?

After the September 1, 2026 awards, President & CEO Jennifer Lynn Slater directly holds 59,695 shares of STRATTEC SECURITY CORP common stock, according to the Form 4 disclosure.

How many performance restricted stock units in STRT does the CEO hold after the grant?

Following the new grant, Jennifer Lynn Slater directly holds 36,344 performance restricted stock units tied to STRATTEC SECURITY CORP common stock, as reported in the Form 4 filing.

Were the STRT Form 4 transactions made under a Rule 10b5-1 trading plan?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not selected, so no Rule 10b5-1 trading plan is reported in connection with these equity awards.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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*
Slater Jennifer Lynn

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President & CEO
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 share09/01/2026A9,296(1)A$059,695D
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)09/01/2026A9,296 (2)09/29/2029Common Stock, par value $0.01 per share9,296$036,344D
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/ J. Bret Treier, via Power of Attorney09/03/2026
** 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)