4Accepted Sep 8, 2:55 PM ET
KEY TRONIC (KTCC) EVP Duane Mackleit Receives 3,695 Shares, Sells 925
Accepted (ET)
2:55 PM
Sep 8, 2026
Filed
Sep 8, 2026
Documents
1
Size
9.4 KB
Summary
KEY TRONIC (KTCC) EVP Duane Mackleit Receives 3,695 Shares, Sells 925
What Happened
- Duane D. Mackleit, Executive Vice President of Operations at Key Tronic (KTCC), had 3,695 restricted stock units convert into common shares on Sept. 3, 2026 (reported as a derivative exercise/conversion). Those shares carried no exercise price ($0.00). On Sept. 4, 2026 he sold 925 of those shares in the open market at $2.34 per share, generating $2,165. The sale was reported as to satisfy tax withholding obligations.
Key Details
- Transaction dates: Sept. 3, 2026 (conversion/vesting); Sept. 4, 2026 (open-market sale).
- Prices/values: 3,695 shares converted at $0.00 (vesting/conversion); 925 shares sold at $2.34 for $2,165 total.
- Shares owned after the transactions: not specified in the provided filing data.
- Footnotes of note:
- F1/F4: These were restricted stock units (RSUs); each RSU converts to one share and the RSUs vest in three equal annual installments (Sept. 3, 2025, 2026, 2027).
- F2: The 925-share sale was made to satisfy tax withholding on the vesting.
- F3: The filing notes 0 shares acquired via the company 401(k) during Aug. 27–Sept. 3, 2026.
- Filing: Form 4 filed Sept. 8, 2026 reporting the Sept. 3–4 transactions; no late-filing indicator provided in the supplied data.
Context
- The 3,695-share entry reflects RSU vesting/conversion rather than a cash purchase; the subsequent small open-market sale was a routine tax-withholding sale, not a broad disposition for cash-raising or investment signaling. The dollar value of the sale is modest ($2,165), so this activity is primarily administrative.