Key Tronic (KTCC) Director James R. Bean Receives 14,388 Shares

What Happened

• James R. Bean, a director of Key Tronic Corp (KTCC), acquired 14,388 shares on August 27, 2026 through the conversion/settlement of a derivative award (transaction code M).
• The filing shows an acquisition price of $0.00 for the 14,388 shares (i.e., no cash payment reported). Footnotes indicate these were restricted stock units (RSUs) that vested on August 21, 2026 and each RSU converted into one share.

Key Details

• Transaction date: 2026-08-27; SEC Form 4 filed: 2026-08-31 (appears to be within the 2 business-day reporting window).
• Transaction type/code: M — exercise or conversion of a derivative (here, vested RSUs).
• Shares acquired: 14,388; reported price: $0.00 (no cash consideration reported).
• Shares owned after transaction: Not specified in the supplied filing details.
• Footnotes: F1 — each RSU = contingent right to one share; F2 — RSUs vested 2026-08-21.
• No sale or disposition reported for these shares (no immediate sale indicated).

Context

• This was a settlement of vested RSUs, not an open-market purchase or sale; such award settlements are common as part of compensation and do not necessarily signal a buy/sell decision.
• Transaction code M covers exercises or conversions of derivatives; here it reflects conversion of vested RSUs into common stock.