Form 4: Kimball Electronics Director Acquires Stock & Phantom Units
Insider Transaction Report
Kimball Electronics Director Colleen C. Repplier acquired 11,085 shares of common stock and 4,411 phantom stock units on November 14, 2025, as part of a compensation deferral plan.
Summary
- Colleen C. Repplier, a Director at Kimball Electronics, Inc. (KE), acquired securities.
- On November 14, 2025, Repplier acquired 11,085 shares of common stock directly.
- On the same date, Repplier also acquired 4,411 phantom stock units.
- These phantom stock units are the economic equivalent of one share of common stock and were acquired under the Kimball Electronics, Inc. Non-Employee Directors Stock Compensation Deferral Plan.
- The phantom units become payable in common stock upon termination, death, or severe financial hardship.
- The acquisition price for the phantom stock units was $28.34 per unit.
- Following these transactions, Repplier beneficially owns 80,580 derivative securities (phantom stock units).
Sentiment
Score: 7
Explanation: The acquisition of shares and phantom units by a director, especially through a compensation deferral plan, generally signals confidence and aligns interests with shareholders. It's a routine compensation event but still positive for insider alignment.
Positives
- Director acquiring shares and phantom units indicates alignment of interests with shareholders.
- Acquisition through a compensation deferral plan suggests a long-term commitment to the company.
Future Outlook
The phantom stock units become payable in common stock upon the reporting person's termination, death, or severe financial hardship, indicating a future conversion event tied to specific conditions.
Industry Context
This insider transaction report reflects individual compensation and ownership, which is a standard practice for directors and executives across various industries to align their interests with company performance.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Compensation Plan Detail | Phantom Stock units acquired under the Kimball Electronics, Inc. Non-Employee Directors Stock Compensation Deferral Plan. | 2025-11-14 | Aligns director's long-term interests with shareholder value through equity-based compensation. |
Related Party Transactions
- The acquisition of phantom stock units and common stock by a director from the company as part of a compensation plan is a standard related party transaction.
Stakeholder Impact
- Shareholders: Increased alignment of director's interests with shareholder value due to equity ownership.
- Director (Colleen C. Repplier): Receives equity compensation, deferring stock until specific future events.
Next Steps
- Phantom stock units will convert to common stock upon the reporting person's termination, death, or severe financial hardship.
Key Dates
| Date | Description |
|---|---|
| 2021-11-30 | Limited Power of Attorney granted by Colleen C. Repplier to Kimberly E. Cooper and Douglas A. Hass. |
| 2025-11-14 | Date of acquisition of 11,085 shares of common stock and 4,411 phantom stock units. |
| 2025-11-18 | Date Form 4 was signed by Attorney in Fact. |
Keywords
Kimball Electronics, KE, Insider Trading, Form 4, Director Stock Acquisition, Phantom Stock, Stock Compensation, Colleen C. Repplier
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.