STRATTEC SECURITY CORP Files 8-K
Ticker: STRT · Form: 8-K · Filed: Dec 10, 2024 · CIK: 933034
| Field | Detail |
|---|---|
| Company | Strattec Security Corp (STRT) |
| Form Type | 8-K |
| Filed Date | Dec 10, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, regulatory-filing
TL;DR
STRATTEC filed a routine 8-K, no major news.
AI Summary
Strattec Security Corporation filed an 8-K on December 10, 2024, to report information under Regulation FD and to file financial statements and exhibits. The filing does not appear to contain specific material events or financial figures beyond standard reporting requirements.
Why It Matters
This 8-K filing indicates Strattec Security Corporation is fulfilling its regulatory reporting obligations with the SEC, which is standard practice for publicly traded companies.
Risk Assessment
Risk Level: low — The filing is a standard 8-K for reporting purposes and does not disclose any new material risks or events.
Key Players & Entities
- STRATTEC SECURITY CORPORATION (company) — Registrant
- 3333 West Good Hope Road, Milwaukee, Wisconsin 53209 (location) — Principal Executive Offices
FAQ
What is the purpose of this 8-K filing?
This 8-K filing is to report information under Regulation FD and to file financial statements and exhibits as required by the SEC.
When was this 8-K filed?
The 8-K was filed on December 10, 2024.
What is the principal business address of Strattec Security Corporation?
The principal executive offices are located at 3333 West Good Hope Road, Milwaukee, Wisconsin 53209.
What is the state of incorporation for Strattec Security Corporation?
Strattec Security Corporation is incorporated in Wisconsin.
What is the SIC code for Strattec Security Corporation?
The Standard Industrial Classification code is 3714, which corresponds to MOTOR VEHICLE PARTS & ACCESSORIES.
Filing Stats: 575 words · 2 min read · ~2 pages · Grade level 11.9 · Accepted 2024-12-10 17:04:21
Filing Documents
- strt-20241210.htm (8-K) — 46KB
- strt-ex99_1.htm (EX-99.1) — 16KB
- 0000950170-24-135036.txt ( ) — 176KB
- strt-20241210.xsd (EX-101.SCH) — 25KB
- strt-20241210_htm.xml (XML) — 4KB
01
Item 7.01 Regulation FD Disclosure. On December 10, 2024, STRATTEC SECURITY CORPORATION (the "Company") announced via press release that it will be listing its Milwaukee facility on the market for sale to inform its evaluation of opportunities for upgraded and modernized operations. In addition, given improving productivity and operational performance, the Company announced plans to reduce manufacturing from a three-shift operation to two-shifts in the first quarter of 2025 at its Milwaukee location, which will result in the elimination of approximately 20 direct labor roles. A copy of the press release is attached as Exhibit 99.1 to this report. The attached Exhibit 99.1 is furnished pursuant to Item 7.01 of Form 8-K. Pursuant to General Instruction B.2 of Current Report on Form 8-K, the information in this Item 7.01 is being furnished and shall not be deemed to be "filed" for purposes of Section 18 of 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 except as may be expressly set forth by specific reference in such filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits . Exhibit Number Description 99.1 Press Release issued December 10, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 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 SECURITY CORPORATION By: /s/ Matthew Pauli Matthew Pauli, Vice President and Chief Financial Officer Date: December 10, 2024