4Filed Aug 23, 8:00 PM ET
Key Tronic (KTCC) CEO Brett R. Larsen Receives RSU Award
$KTCC · KEY TRONIC CORPResearch Summary
AI-generated summary of this SEC filing
Key Tronic (KTCC) CEO Brett R. Larsen Receives RSU Award
What Happened
- Brett R. Larsen, Chief Executive Officer of Key Tronic Corp (KTCC), received a grant of 26,809 restricted stock units (RSUs) on August 20, 2026. The grant price is listed as $0.00 because these are derivative awards (contingent rights to shares), not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-08-20
- Transaction type/code: Award/Grant (A) — derivative securities (RSUs)
- Number of RSUs: 26,809; grant price: $0.00
- Shares owned after transaction: not disclosed in the provided filing
- Filing date: 2026-08-24 (filed within two business days of the transaction)
- Footnotes:
- F1: Each RSU represents a contingent right to receive one share of common stock.
- F2: The RSUs vest in three equal annual installments on Aug 20, 2027, 2028, and 2029, subject to time‑based vesting conditions.
Context
- RSU grants are a common form of executive compensation intended to align management compensation with long‑term shareholder value; they do not represent immediately owned shares until vested and settled.
- Because this is an award (not a purchase or sale), it should not be interpreted as an immediate buy/sell market signal.