4Filed Aug 23, 8:00 PM ET
Key Tronic (KTCC) VP Courtney Mark R Receives 6,702 RSUs
$KTCC · KEY TRONIC CORPResearch Summary
AI-generated summary of this SEC filing
Key Tronic (KTCC) VP Courtney Mark R Receives 6,702 RSUs
What Happened
Courtney Mark R, Vice President of Supply Chain at Key Tronic Corp (KTCC), received an award of 6,702 restricted stock units (RSUs) on August 20, 2026. The Form 4 reports the units at $0.00 at grant (no cash exchanged at grant). This is an equity award (transaction code A), not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-08-20; Report filed: 2026-08-24 (Form 4 accession 0001786730-26-000002). Filing appears timely (within the SEC two‑business‑day window).
- Grant price: $0.00 (derivative award); reported amount: 6,702 RSUs.
- Shares owned after transaction: Not stated in this filing.
- Footnotes: F1 — Each RSU represents a contingent right to one share of common stock. F2 — RSUs vest in three equal annual installments on Aug 20, 2027, 2028 and 2029, subject to time‑based vesting conditions.
- Transaction type: Award/Grant (derivative); code A.
Context
RSU grants are common compensation for executives and typically do not involve an immediate cash outlay or sale. RSUs convert to actual shares only upon vesting (and are generally taxable as ordinary income at vesting), so this grant is a future potential dilution event rather than an immediate change in share ownership or market action.