Key Tronic (KTCC) EVP Duane Mackleit Receives RSUs, Sells 1,482 Shares

What Happened
Duane D. Mackleit, EVP of Operations at Key Tronic Corp (KTCC), had 5,995 restricted stock units converted into 5,995 shares (recorded as derivative exercises/conversions) on Aug 27, 2026. Simultaneously he sold 1,482 of those shares in the open market at $3.73 per share for total proceeds of $5,528 to satisfy tax-withholding obligations. The conversion/vesting shows a $0.00 exercise price (no cash outlay).

Key Details

• Transaction date: August 27, 2026; Form 4 filed August 31, 2026 (filed within the SEC’s two-business-day window).
• Converted/acquired: 5,995 shares via RSU exercise/conversion (derivative transaction codes M).
• Sold: 1,482 shares at $3.73/share, proceeds $5,528 (sale to cover tax withholding).
• Net new shares retained from the vesting: 5,995 − 1,482 = 4,513 shares added to holdings from this vesting event.
• Shares acquired under 401(k): filing notes 4,469 shares were acquired under the company 401(k) between Sept 3, 2025 and Aug 27, 2026 (included in reported holdings).
• Footnotes: F1 = each RSU converts to one share; F2 = open-market sale was to satisfy tax withholding; F4 = RSUs vest in three equal annual installments (Aug 21, 2025/2026/2027).
• Shares owned after the transaction: not explicitly stated in the filing.

Context

• This filing reflects routine RSU vesting and an associated tax-withholding sale rather than an opportunistic market buy or sell. The derivative entries represent conversion/vesting of RSUs (no cash exercise cost).
• Sales to cover taxes are common and do not necessarily indicate a change in insider sentiment about the company.