Key Tronic (KTCC) Director James Bean Receives 10,723 RSU Award

What Happened James R. Bean, a director of Key Tronic Corp (KTCC), received a grant of 10,723 restricted stock units (RSUs) on August 20, 2026. The award is reported at $0.00 per unit (no cash exchanged) and is a derivative award that can convert to common shares. These RSUs vest on August 20, 2027, subject to time-based vesting conditions.

Key Details

• Transaction date: 2026-08-20; Report filed: 2026-08-24 (four days later).
• Instrument and amount: 10,723 restricted stock units (derivative award) at $0.00 per unit.
• Vesting: Units vest on August 20, 2027 (time-based vesting) (Footnote F2).
• Footnote: Each RSU represents a contingent right to receive one share of common stock (Footnote F1).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Timeliness: Filing posted four days after the grant; insiders are generally required to file Form 4 within two business days, so check the public filing for any amendments or explanations.

Context RSUs are a common form of equity compensation: they do not involve an immediate cash purchase or sale and convert into shares only if vesting conditions are met. Grants like this reflect compensation or retention practices and do not, by themselves, indicate the director is buying or selling stock for investment purposes.