Key Tronic Reports Executive Changes/Compensatory Arrangements
Ticker: KTCC · Form: 8-K · Filed: Jan 9, 2024 · CIK: 719733
| Field | Detail |
|---|---|
| Company | Key Tronic Corp (KTCC) |
| Form Type | 8-K |
| Filed Date | Jan 9, 2024 |
| Risk Level | medium |
| Pages | 5 |
| Reading Time | 6 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: executive-change, compensation, governance
TL;DR
**Key Tronic just reported executive changes or new compensation plans, watch for strategic shifts.**
AI Summary
Key Tronic Corporation filed an 8-K on January 9, 2024, reporting an event that occurred on January 4, 2024. This filing indicates a change in the company's leadership or executive compensation, as per Item 5.02, "Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers." This matters to investors because changes in executive leadership or compensation structures can signal shifts in company strategy, financial health, or governance, potentially impacting future stock performance.
Why It Matters
Changes in executive leadership or compensation can signal strategic shifts or financial health concerns, directly influencing investor confidence and the company's future direction.
Risk Assessment
Risk Level: medium — Changes in executive leadership or compensation can introduce uncertainty regarding future company performance and strategic direction, posing a moderate risk to investors.
Analyst Insight
Investors should monitor subsequent filings or company announcements for specific details regarding the executive changes or compensation arrangements to understand their potential impact on Key Tronic's strategy and financial outlook.
Key Players & Entities
- Key Tronic Corporation (company) — the registrant filing the 8-K
- January 4, 2024 (date) — date of earliest event reported
- January 9, 2024 (date) — date the 8-K was filed
- Item 5.02 (null) — SEC filing item for executive changes/compensation
FAQ
What specific event did Key Tronic Corporation report in this 8-K filing?
Key Tronic Corporation reported an event related to "Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers" as per Item 5.02 of the 8-K filing.
When did the earliest event reported in this 8-K filing occur?
The earliest event reported in this 8-K filing occurred on January 4, 2024.
What is the filing date of this 8-K for Key Tronic Corporation?
The filing date of this 8-K for Key Tronic Corporation is January 9, 2024.
What is Key Tronic Corporation's trading symbol and on which exchange is it registered?
Key Tronic Corporation's trading symbol is KTCC and it is registered on the NASDAQ Global Market.
What is the business address of Key Tronic Corporation as stated in the filing?
The business address of Key Tronic Corporation is 4424 North Sullivan Road, Spokane Valley, Washington 99216.
Filing Stats: 1,418 words · 6 min read · ~5 pages · Grade level 10.8 · Accepted 2024-01-09 16:28:16
Filing Documents
- ktcc-20240104.htm (8-K) — 40KB
- leadershipsuccessionplanac.htm (EX-99.1) — 17KB
- 0000719733-24-000002.txt ( ) — 187KB
- ktcc-20240104.xsd (EX-101.SCH) — 2KB
- ktcc-20240104_lab.xml (EX-101.LAB) — 24KB
- ktcc-20240104_pre.xml (EX-101.PRE) — 12KB
- ktcc-20240104_htm.xml (XML) — 3KB
01 FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS (d) Exhibits Exhibit Number Description 99.1 Press Release Dated January 9, 2024 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document 3
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. KEY TRONIC CORPORATION (Registrant) Date: January 9, 2024 By: /s/ Brett R. Larsen Brett R. Larsen, Executive Vice President of Administration, CFO and Treasurer 4