STRATTEC Files 8-K for Regulation FD Disclosure

Ticker: STRT · Form: 8-K · Filed: Jan 5, 2024 · CIK: 933034

Strattec Security Corp 8-K Filing Summary
FieldDetail
CompanyStrattec Security Corp (STRT)
Form Type8-K
Filed DateJan 5, 2024
Risk Levellow
Pages2
Reading Time3 min
Sentimentneutral

Complexity: simple

Sentiment: neutral

Topics: regulation-fd, corporate-governance, compliance

TL;DR

**STRT filed a routine 8-K for Regulation FD disclosure, no major news.**

AI Summary

STRATTEC SECURITY CORPORATION filed an 8-K on January 5, 2024, primarily to disclose information under Regulation FD. This filing confirms the company's basic corporate details, such as its incorporation in Wisconsin and its listing on The Nasdaq Global Stock Market under the ticker STRT. For investors, this filing is a routine update, indicating no major new events but rather a confirmation of existing corporate structure and compliance, which is important for maintaining transparency and investor confidence.

Why It Matters

This filing is a standard regulatory update, confirming STRATTEC's compliance and corporate structure, which helps maintain transparency for investors.

Risk Assessment

Risk Level: low — This 8-K is a routine disclosure filing and does not indicate any new risks or significant changes to the company's operations or financial health.

Analyst Insight

A smart investor would recognize this as a routine compliance filing, indicating no immediate need for action or re-evaluation of STRATTEC's stock based solely on this 8-K.

Key Players & Entities

  • STRATTEC SECURITY CORPORATION (company) — the registrant filing the 8-K
  • Wisconsin (location) — state of incorporation for STRATTEC SECURITY CORPORATION
  • The Nasdaq Global Stock Market (company) — the exchange where STRATTEC's Common Stock is registered
  • STRT (ticker) — trading symbol for STRATTEC SECURITY CORPORATION
  • January 5, 2024 (date) — date of earliest event reported and filing date

FAQ

What is the purpose of STRATTEC SECURITY CORPORATION's 8-K filing dated January 5, 2024?

The primary purpose of STRATTEC SECURITY CORPORATION's 8-K filing dated January 5, 2024, is for Regulation FD Disclosure, as indicated in the 'ITEM INFORMATION' section of the filing.

What is the trading symbol and the exchange where STRATTEC SECURITY CORPORATION's common stock is registered?

STRATTEC SECURITY CORPORATION's Common Stock, with a $.01 par value, trades under the symbol STRT and is registered on The Nasdaq Global Stock Market, as stated under 'Securities registered pursuant to Section 12(b) of the Act'.

Where is STRATTEC SECURITY CORPORATION's principal executive office located?

STRATTEC SECURITY CORPORATION's principal executive office is located at 3333 West Good Hope Road, Milwaukee, Wisconsin 53209, as detailed in the 'BUSINESS ADDRESS' section of the filing.

What is STRATTEC SECURITY CORPORATION's state of incorporation?

STRATTEC SECURITY CORPORATION is incorporated in Wisconsin, as indicated in the 'State or Other Jurisdiction of Incorporation' section of the filing.

Is STRATTEC SECURITY CORPORATION considered an emerging growth company?

No, STRATTEC SECURITY CORPORATION has indicated by an unchecked box that it is not an emerging growth company, as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Filing Stats: 632 words · 3 min read · ~2 pages · Grade level 11.6 · Accepted 2024-01-05 16:34:45

Filing Documents

01

Item 7.01 Regulation FD Disclosure. On January 5, 2024, STRATTEC SECURITY CORPORATION (the "Company") announced the appointment of F. Jack Liebau, Jr. as Chairman of the Company's Board of Directors (the "Board") and the appointment of Harold M. Stratton II as Vice Chairman of the Board. Mr. Liebau is managing director of Beach Investment Counsel, Inc., an investment management company and was first elected to the Board on October 10, 2023. Mr. Liebau currently also serves as Chairman and director of Myers Industries, Inc., a NYSE listed industrial company; director of BNY Mellon ETF Trust; non-Executive Board Chair and Member of Special Investigations Limited Company, a private, Virginia-based professional services company and government contractor in the information technology, cybersecurity, investigations, and intelligence sectors; and director of MuxIP, an unlisted software company serving media companies. Mr. Stratton served as Chairman of the Board since February 1999 (serving as non-executive Chairman since September 2012). He also served as the President and Chief Executive Officer of the Company from February 1995 to January 2010, and continued as Chief Executive Officer until August 31, 2012. Pursuant to General Instruction B.2 of Current Report on Form 8-K, the information in this Item 7.01 shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that section. Furthermore, the information in this Item 7.01 shall not be deemed to be incorporated by reference into the filings of the Company under the Securities Act of 1933, as amended (the "Securities Act"), except as may be expressly set forth by specific reference in such filing. SIGNATURE 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. STRATTEC

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