Form 4: Key Tronic Corp Executive Increases Stake in Company
SEC Form 4 Filing
Mark R Courtney, Vice President of Supply Chain at Key Tronic Corp, recently acquired 3,000 shares of common stock at $2.73 per share.
Summary
- On May 16, 2025, Mark R Courtney, Vice President of Supply Chain at Key Tronic Corp, purchased 3,000 shares of common stock.
- The purchase price was $2.73 per share.
- Following the transaction, Courtney directly owns 5,447 shares.
- Courtney also indirectly owns shares through a 401(k) plan.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. An executive buying shares suggests confidence, but the scale of the purchase is not large enough to indicate a strong positive sentiment.
Positives
- An executive increasing their stake in the company can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider buying is often monitored as an indicator of management's sentiment about the company's prospects, relative to the broader market and industry trends.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/16/2020 | Start date for common stock acquired by the reporting person under the registrant's 401(k) plan. |
| 05/16/2025 | Date of the transaction where Mark R Courtney purchased 3,000 shares of common stock. |
| 05/16/2025 | End date for common stock acquired by the reporting person under the registrant's 401(k) plan. |
| 05/19/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Insider Trading, KTCC, Key Tronic Corp, Stock Acquisition, Executive, Courtney
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