4Filed Sep 7, 8:00 PM ET
Key Tronic (KTCC) CFO Anthony Voorhees Receives 4,619 Shares; Sells 1,403
$KTCC · KEY TRONIC CORPResearch Summary
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Key Tronic (KTCC) CFO Anthony Voorhees Receives 4,619 Shares; Sells 1,403
What Happened
- Anthony Gene Voorhees, EVP-Admin, CFO and Treasurer of Key Tronic Corp (KTCC), had 4,619 restricted stock units convert to common shares on Sept 3, 2026 (reported as an exercise/conversion of a derivative). The filing shows the acquisition with a $0.00 exercise price, consistent with RSU vesting.
- On Sept 4, 2026 he sold 1,403 shares in an open-market transaction at $2.34 per share, generating $3,283 in proceeds. This sale was to satisfy tax withholding obligations tied to the RSU vesting.
Key Details
- Transaction dates: Sept 3, 2026 (conversion/vesting of 4,619 RSUs → shares); Sept 4, 2026 (open-market sale of 1,403 shares).
- Sale price/total: $2.34 per share; total proceeds $3,283.
- Shares acquired: 4,619 shares via RSU conversion (reported exercise price $0.00).
- Shares sold: 1,403 shares sold to cover taxes (footnote: sale to satisfy withholding obligations).
- Shares owned after transaction: not specified in the Form 4.
- Footnotes: F1 = each RSU converts to one share; F2 = sale was to satisfy tax withholding; F4 = RSUs vest in three equal annual installments (Sep 3, 2025–2027).
- Filing: Form 4 filed Sept 8, 2026 reporting the Sept 3–4, 2026 activity; no late-filing flag noted.
Context
- This was not a market-timed purchase for investment exposure but a routine RSU vesting with a partial sale to cover taxes. The RSU conversion (reported as a derivative exercise/conversion) resulted in newly acquired shares; a portion was immediately sold for tax withholding, which is common and doesn’t necessarily signal a change in the insider’s view of the company.