Strattec Security Corporation filings document formal disclosures for an automotive access and security supplier, including 8-K reports on operating results, Regulation FD materials, financing arrangements, and shareholder governance. Earnings-related filings furnish quarterly press releases and investor presentations describing sales, margin, cash flow, restructuring actions, and other current financial information.
The company’s material-event filings also cover credit-facility agreements, obligations involving Strattec and its subsidiaries, releases of prior guarantees and liens related to a joint venture credit agreement, and annual meeting voting results. Governance disclosures include director elections, proxy-referenced shareholder proposals, and other matters submitted to common shareholders.
STRATTEC SECURITY CORP director Frederic Jack Liebau Jr. reported an open-market purchase of 1,000 shares of common stock at $61.37 per share. After this transaction, he directly owns 7,748 shares. This filing shows a net increase in his personal shareholdings through a discretionary market purchase.
Strattec Security Corporation reported mixed third-quarter and stronger year-to-date fiscal 2026 results. For the quarter ended March 29, 2026, net sales were $137.6 million, down about 4% from $144.1 million, and net income attributable to Strattec fell to $3.2 million from $5.4 million as operating margin compressed.
Despite the softer quarter, performance for the nine-month period improved. Year-to-date net sales rose to $427.6 million from $413.1 million, while net income attributable to Strattec increased to $16.7 million from $10.4 million, driven by higher pricing, cost-reduction initiatives, improved gross margin and lower interest expense. Cash and cash equivalents grew to $107.0 million, and the company had no borrowings under its $40 million revolving credit facility.
Strattec Security Corporation reported fiscal third quarter 2026 results showing lower sales but solid profitability and cash generation. Net sales were $137.6 million, down 4.5% from the prior-year period, mainly from lower volume including customer EV program cancellations.
Gross profit was $22.7 million with gross margin improving to 16.5%, helped by $1.7 million in restructuring savings and $0.6 million of recoveries from cancelled programs, despite foreign exchange and cost headwinds. Net income attributable to Strattec was $3.2 million, or $0.78 per diluted share, versus $5.4 million, or $1.32, a year earlier. Adjusted EBITDA was $10.1 million, representing a 7.3% margin compared with 8.9% in the prior-year quarter.
The company generated $11.4 million of cash from operations in the quarter and $36.6 million year to date. As of March 29, 2026, Strattec held $106.957 million in cash and cash equivalents and had total debt of $1.0 million, resulting in a very low leverage level. Management highlighted ongoing transformation initiatives, targeted cost reductions, and an outlook for modest revenue declines in the near term in line with North American auto production volumes.
Strattec Security Corporation disclosed that its majority-owned joint venture, ADAC-STRATTEC, LLC, entered into a new Amended and Restated Credit Agreement with BMO Bank N.A., effective April 30, 2026. This New JV Credit Agreement replaces the prior 2012 credit facility.
With this change, Strattec’s guaranty, liens and related obligations under the prior joint venture credit agreement were terminated and released. Strattec is no longer a borrower, guarantor or other credit support party under the new joint venture credit agreement, reducing its direct credit exposure to the facility.
Strattec Security Corp: The Vanguard Group filed an amendment to its Schedule 13G/A reporting that, following an internal realignment, it and certain subsidiaries will report holdings separately and that The Vanguard Group beneficially owns 0 shares of Strattec common stock, representing 0% of the class.
The filing notes the internal realignment occurred on January 12, 2026 and that subsidiaries or business divisions that formerly reported with The Vanguard Group will now report on a disaggregated basis in reliance on SEC Release No. 34-39538. The form is signed by Ashley Grim on 03/27/2026.
AllianceBernstein L.P. filed a Schedule 13G reporting a passive ownership stake in Strattec Security Corp common stock. The firm reports beneficial ownership of 216,245 shares, representing 5.2% of the outstanding common stock as of 12/31/2025.
AllianceBernstein has sole voting power over 207,334 shares and sole dispositive power over 216,245 shares, with no shared voting or dispositive power. The shares are held solely for investment purposes in client discretionary advisory accounts, and AllianceBernstein certifies they are not held to change or influence control of Strattec.
Strattec Security Corporation reported sharply improved results for its quarter ended December 28, 2025. Net sales rose to $137.5 million from $129.9 million, driven by pricing, better product mix, and new program launches, partly offset by softer market demand.
Gross margin strengthened to 16.5% from 13.2% as higher volumes and pricing more than offset foreign exchange and tariff headwinds. Net income attributable to Strattec jumped to $4.9 million from $1.3 million, with diluted earnings per share increasing to $1.20 from $0.32.
For the first six months, sales grew 8% to $289.9 million and diluted earnings per share more than doubled to $3.26. Cash and cash equivalents increased to $99.0 million with no borrowings under the company’s $40 million revolving credit facility, while a voluntary retirement program incurred $1.7 million of restructuring cost in the quarter.
Strattec Security Corporation reported a strong fiscal 2026 second quarter, with net sales of $137.5 million, up 6% from a year earlier, driven by pricing, favorable mix, new program launches and tariff recoveries.
Gross margin improved to 16.5% from 13.2%, helped by pricing actions, higher volumes and $1.7 million of restructuring savings, despite higher labor, tariffs and adverse foreign exchange. Net income attributable to Strattec rose to $4.9 million, or $1.20 per diluted share, compared with $1.3 million, or $0.32, in the prior-year quarter. Adjusted EBITDA was $12.3 million, representing an 8.9% margin versus 6.1% a year ago.
The company generated $13.9 million of cash from operations in the quarter and ended December 28, 2025 with $99.0 million in cash and cash equivalents and $2.5 million of debt. Ongoing restructuring and a voluntary early retirement program are expected to produce $3.4 million in annualized savings.
STRATTEC SECURITY CORP senior vice president and chief financial officer Matthew Pauli reported a routine insider transaction related to equity compensation. On 11/13/2025, 814 shares of common stock were withheld (transaction code F) at a price of $0.00 per share, leaving him with 7,893 shares beneficially owned directly after the transaction.
According to the footnote, these 814 shares were withheld to pay tax liabilities that arose when 1,731 shares of restricted stock vested, and the transaction is described as exempt under Rule 16b-3. This reflects tax settlement on vested awards rather than an open-market sale of shares.
STRATTEC SECURITY CORP (STRT) insider trade disclosed. A company officer, serving as VP & Chief Technical Officer, reported selling 3,000 shares of common stock on 11/17/2025 at a price of $66.35 per share. After this transaction, the officer beneficially owns 11,624 shares, held directly. The filing is made on Form 4 for a single reporting person and reflects a routine insider sale rather than a change in corporate operations or strategy.