4Filed Aug 23, 8:00 PM ET
Key Tronic (KTCC) EVP Adam Agress Receives RSU Award
$KTCC · KEY TRONIC CORPResearch Summary
AI-generated summary of this SEC filing
Key Tronic (KTCC) EVP Adam Agress Receives RSU Award
What Happened
- Adam L. Agress, EVP Business Development at Key Tronic Corp (KTCC), was granted 13,404 restricted stock units (RSUs) on August 20, 2026. The filing reports these as a derivative acquisition at $0.00 per unit (typical for equity awards); the Form 4 lists the transaction value as $0.
- This is an equity award (compensation/grant), not an open-market purchase or sale. RSUs represent a contingent right to receive shares in the future rather than immediate share ownership.
Key Details
- Transaction date: 2026-08-20; Form 4 filed: 2026-08-24 (filed four days after the transaction; insiders are generally required to file within two business days, so this may be later than the standard window).
- Grant details: 13,404 restricted stock units, reported at $0.00 per unit on the Form 4.
- Shares owned after transaction: Not specified in the information provided in this summary/filing excerpt.
- Footnotes: F1 — Each RSU represents a contingent right to receive one share of common stock. F2 — The RSUs vest in three equal annual installments on Aug 20, 2027, 2028, and 2029, subject to time-based vesting.
- Transaction type: Award/Grant (derivative); code A on Form 4.
Context
- RSU grants are typically part of executive compensation and do not indicate an immediate cash investment or sale. The award will convert to actual shares only as the units vest per the stated schedule.
- Because this is a grant rather than a purchase, it is generally viewed as compensation rather than a direct signal of insider buying or selling intent.