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Form 4 filing for Strattec Security Corp (STRT) reports an insider transaction by President & CEO Jennifer Lynn Slater.
- Transaction date: 07/01/2025 (earliest transaction reference 07/01/2024)
- Transaction code F: 5,931 common shares were withheld to satisfy tax obligations arising from the vesting of 12,618 restricted shares, as permitted under Rule 16b-3.
- Price: recorded as $0 because the shares were not sold on the open market.
- Post-transaction ownership: Slater directly holds 48,801 common shares.
- Position: Director; President & CEO.
The filing indicates a routine, tax-related share disposition rather than an open-market sale, leaving the executive with a meaningful equity stake.