Key Tronic (KTCC) Director Craig Gates Receives 10,723-Share Award

What Happened
Craig D. Gates, a director of Key Tronic Corp (KTCC), received an award of 10,723 restricted stock units (RSUs) on August 20, 2026. The reported transaction is an award/derivative grant (Form 4 code A) at $0.00 per unit, meaning no cash was paid for the units at grant. Each RSU represents a contingent right to one share of common stock and is scheduled to vest on August 20, 2027.

Key Details

• Transaction date: August 20, 2026; Form 4 filed August 24, 2026 (appears later than the typical 2-business-day filing window).
• Price reported: $0.00 (derivative award of RSUs).
• Shares/units granted: 10,723 restricted stock units.
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: F1 — each RSU equals a contingent right to one share; F2 — RSUs vest August 20, 2027, subject to time-based vesting.
• Filing accession: 0001013581-26-000002.

Context
RSU grants are a common form of executive/director compensation and do not involve an open-market purchase or sale. Because these RSUs vest over time (one-year cliff per the filing), they do not represent immediately tradable shares today. The grant is informational rather than a direct bullish or bearish signal; it reflects compensation tied to future service and/or retention.