Form 4: Key Tronic Corp Director Craig D. Gates Acquires 40,000 Shares
SEC Form 4 Filing
Director Craig D. Gates of Key Tronic Corp purchased 40,000 shares of common stock at $2.58 per share on May 15, 2025, increasing his total holdings to 306,701 shares.
Summary
- On May 15, 2025, Craig D. Gates, a director of Key Tronic Corp, acquired 40,000 shares of common stock.
- The purchase price was $2.58 per share.
- Following the transaction, Gates directly owns 306,701 shares of Key Tronic Corp.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but the scale of the purchase relative to existing holdings is moderate.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors to gauge sentiment and potential future performance.
Stakeholder Impact
- The purchase could positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of transaction: Craig D. Gates acquired 40,000 shares of Key Tronic Corp common stock. |
| 05/16/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, KTCC, Key Tronic Corp, Director, Stock Acquisition, Craig D. Gates
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