Key Tronic (KTCC) CEO Brett R. Larsen Receives 7,391 Shares; Sells 1,840

What Happened

• Brett R. Larsen, CEO of Key Tronic Corp. (KTCC), had 7,391 restricted stock units convert to common shares (exercise/conversion, code M) on 2026-09-03. The RSU conversion carried no cash purchase price (reported $0).
• On 2026-09-04 he sold 1,840 of those shares in the open market at $2.34 per share for total proceeds of $4,306 (code S). The sale was made to satisfy tax-withholding obligations tied to the RSU vesting.

Key Details

• Transaction dates: RSU conversion (exercise/conversion) 2026-09-03; open-market sale 2026-09-04.
• Prices and amounts: 7,391 shares acquired via RSU conversion (reported $0); 1,840 shares sold at $2.34 each for $4,306.
• Net retained from this vesting: 7,391 – 1,840 = 5,551 shares remained after the withholding sale.
• Footnotes: F1 = each RSU equals a contingent right to one share; F2 = sale was to satisfy tax withholding; F4 = RSUs vest in three equal annual installments (Sept 3, 2025; 2026; 2027). F3 notes 0 shares from 401(k) in the reported period.
• Filing: Form 4 filed 2026-09-08 for report period 2026-09-03. Filing date appears timely (SEC Form 4 is due within two business days; the Sept 7 holiday affected timing).

Context

• These were restricted stock units converting into common shares (a non-cash vesting event). The small open-market sale immediately following the conversion is identified in the filing as a tax-withholding sale, which is a routine administrative action and not necessarily a signal of intent to reduce a stake.
• Transaction codes: M = exercise/conversion of derivative (here RSUs); S = open-market sale; F (in footnotes) = tax withholding. Purchases or other transfers were not reported.