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STRATTEC SECURITY (STRT) SEC Filings, Sep-Oct 2025

STRT NASDAQ

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.

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Strattec Security (STRT) reported stronger Q1 FY2026 results. Net sales rose 10% to $152.4 million, driven by higher demand, pricing, favorable mix, and new program launches. Gross margin improved to 17.3% from 13.6% as higher volume leveraged fixed costs and prior-year restructuring benefits flowed through.

Income from operations more than doubled to $10.4 million. Net income attributable to Strattec was $8.5 million with diluted EPS of $2.07 versus $0.92 a year ago. Interest income increased on higher cash balances. Other expense reflected a $0.6 million charge tied to Mexico restructuring. The effective tax rate was 21.6%.

Cash and equivalents were $90.5 million. Operating cash flow was $11.3 million, capex $1.5 million, and no borrowings were outstanding under the company’s $40 million line, while $5.0 million was drawn at the joint venture. On October 27, 2025, Strattec refinanced its $40 million revolver, extending maturity to October 2028 at SOFR plus a 1.50% margin. Sales to General Motors, Ford, and Stellantis represented 64% of total.

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STRATTEC Security Corporation entered into an amended and restated credit agreement with BMO Bank N.A., establishing a $40.0 million secured revolving credit facility with a $5.0 million sublimit for commercial and standby letters of credit. Borrowings may be used to refinance indebtedness, for working capital, capital expenditures, and other lawful corporate purposes. The facility matures on October 27, 2028.

Interest is payable at the Company’s option at one-, three-, or six-month Term SOFR + 150.0 bps or the Adjusted Base Rate, with a 17.5 bps quarterly commitment fee on unused commitments. Obligations are guaranteed by wholly owned subsidiaries and secured by a first‑priority security interest in substantially all personal property, subject to customary exclusions.

Covenants include maintaining Consolidated Net Worth of at least $165,000,000 plus, beginning with the fiscal year ending June 28, 2026, 50% of positive Consolidated Net Earnings for that fiscal year. The Company also furnished a press release and investor presentation related to fiscal first‑quarter results.

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STRATTEC SECURITY CORP (STRT) reported an insider transaction by its President & CEO and Director on 10/25/2025. The filing shows a Code F tax withholding of 2,645 shares of common stock, tied to the vesting of 5,626 shares of restricted stock and noted as exempt under Rule 16b-3. Following the withholding, the reporting person directly beneficially owns 56,326 shares. This reflects shares withheld to cover taxes rather than an open-market sale.

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STRATTEC Security Corp (STRT) disclosed a Form 4 showing a director received a grant of 1,243 shares of common stock on 10/15/2025 at a reported price of $68.38 per share. Following this transaction, the director beneficially owns 8,998 shares held directly.

The restricted stock vests on the later of the 2026 annual meeting of shareholders or 50 weeks after the grant date.

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STRATTEC SECURITY CORP (STRT) reported a director’s Form 4 reflecting the acquisition of 1,243 shares of common stock on 10/15/2025 via a restricted stock grant at a reported price of $68.38 per share. Following the award, the reporting person beneficially owns 9,748 shares, held directly.

The restricted shares vest on the later of the Company’s 2026 annual meeting or 50 weeks after the grant date.

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STRATTEC Security Corp (STRT) director reported an acquisition of company stock. On 10/15/2025, the insider acquired 1,243 shares of common stock at $68.38 per share, bringing direct beneficial ownership to 19,698 shares.

According to the remarks, this was a grant of restricted stock that will vest on the later of the Company’s 2026 annual meeting of shareholders or 50 weeks following the grant date.

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STRATTEC SECURITY (STRT) reported a director transaction on 10/15/2025. The director acquired 1,243 shares of common stock at a price of $68.38, lifting total beneficial ownership to 3,450 shares, held directly. The filing notes this was a grant of restricted stock.

These restricted shares vest at the later of the company’s 2026 annual meeting of shareholders or 50 weeks after the grant date. This is a routine insider equity grant and does not change the company’s operations or outlook.

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STRATTEC Security (STRT) director reported a restricted stock grant. On 10/15/2025, the reporting person acquired 1,243 shares of common stock, reflected at a price of $68.38 in the filing. Following this grant, total beneficial ownership stands at 6,748 shares, held directly.

The award vests on the later of the Company’s 2026 annual meeting of shareholders or 50 weeks after the grant date.

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STRATTEC Security Corporation reported voting results from its 2025 Annual Meeting. Shareholders representing 2,885,669 shares, or 69.36% of the 4,160,284 shares outstanding as of August 15, 2025, were present in person or by proxy, including 540,613 broker non-votes.

All director nominees were elected: Tina Chang, Thomas J. Florsheim, Jr., F. Jack Liebau, Jr., Bruce M. Lisman, Jennifer L. Slater, and Matteo Anversa.

Shareholders ratified Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending June 28, 2026, with 2,773,880 votes for, 109,390 against, and 2,399 abstentions.

On the advisory vote to approve executive compensation, 75.76% of votes cast were “for” (2,186,050 for; 97,987 against; 61,019 abstain; 540,613 broker non-votes).

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Richard P. Messina, Vice President and Chief Technical Officer of STRATTEC SECURITY CORP (STRT), filed an amended Form 4 reporting corrections to prior insider ownership amounts and recent restricted stock activity. The amendment clarifies that 320 shares were disposed on 08/22/2025 and another 320 shares were disposed on 08/23/2025, and that 804 restricted shares were reported as acquired on 08/22/2025. The filing notes 950 shares were withheld to satisfy tax liabilities upon vesting, and the restricted stock vests pro rata over three years with one-third vesting each August 22 in 2026, 2027 and 2028. The amendment corrects the previously reported beneficial ownership amounts and states the correction does not affect the underlying transactions.

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FAQ

How many STRATTEC SECURITY (STRT) SEC filings are available on StockTitan?

StockTitan tracks 66 SEC filings for STRATTEC SECURITY (STRT), including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and Form 4 insider trading disclosures. Each filing includes AI-generated summaries, impact scoring, and sentiment analysis.

When was the most recent SEC filing for STRATTEC SECURITY (STRT)?

The most recent SEC filing for STRATTEC SECURITY (STRT) was filed on October 31, 2025.