Regrut Andrew Donald 4

What Happened
Regrut Andrew Donald, Vice President of Investor Relations & Strategy and Treasurer at Kimball Electronics (KE), had 1,052 restricted shares (RSUs) vest on 2026-06-01. The RSUs converted into 1,052 common shares (reported as derivative conversion). To satisfy tax withholding, 457 of those shares were withheld (disposed) at $25.61 per share for a reported withholding value of $11,701. Net shares delivered to the insider were 595. The gross value of the vested shares at the reported price is roughly $26,942.

Key Details

• Transaction date: 2026-06-01 (reported on Form 4 filed 2026-06-03).
• Vesting/conversion: 1,052 RSUs converted to 1,052 shares (transaction code M).
• Tax withholding: 457 shares withheld to cover taxes (transaction code F) at $25.61/share, reported value $11,701.
• Net shares received: 1,052 − 457 = 595 shares.
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 indicates shares were withheld to satisfy tax obligations; F2 notes these were restricted shares granted in a prior year that vested on 6/1/2026.
• Filing timeliness: Form 4 was filed two business days after the vesting date, consistent with routine, timely reporting.

Context
This was a routine vesting of previously granted restricted shares, not an open‑market purchase or sale intended to express a view on the stock. The RSUs converted into common shares and a portion was withheld to meet tax obligations (a common cashless withholding method). Transaction codes: M = conversion/exercise of a derivative (RSU conversion here); F = shares withheld for taxes. Routine vesting and tax-withholding do not alone indicate insider sentiment.