Form 4: Kimball Electronics Director Buys 7,322 Shares

Kimball Electronics Director Gregory J. Lampert acquired 7,322 shares of common stock at $28.34 per share, increasing his direct beneficial ownership.

Summary

• Gregory J. Lampert, a Director of Kimball Electronics, Inc., acquired 7,322 shares of common stock.
• The transaction occurred on November 14, 2025, at a price of $28.34 per share.
• The shares were acquired pursuant to the Kimball Electronics, Inc. 2023 Equity Incentive Plan.
• Following this transaction, Mr. Lampert directly beneficially owns 45,373 shares of common stock.
• Mr. Lampert also holds 44,927 Phantom Stock units, which are economic equivalents of common stock and were acquired under the Non-Employee Directors Stock Compensation Deferral Plan. These units become payable in common stock upon termination, death, or severe financial hardship.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, especially under an equity incentive plan, generally signals positive sentiment and confidence in the company's future prospects. It aligns the director's interests with shareholders.

Positives

• Insider buying by a Director, Gregory J. Lampert, indicates confidence in the company's future prospects.
• The acquisition was made under the 2023 Equity Incentive Plan, aligning management's interests with shareholders.
• The accumulation of Phantom Stock units further ties the Director's long-term compensation to the company's stock performance.

Future Outlook

The filing does not contain specific forward-looking statements or guidance beyond the nature of the Phantom Stock units becoming payable upon certain future events.

Management Comments

• Acquired pursuant to the Kimball Electronics, Inc. 2023 Equity Incentive Plan.
• Each Phantom Stock unit is the economic equivalent of one share of common stock. Such units of Phantom Stock were acquired under the Kimball Electronics, Inc. Non-Employee Directors Stock Compensation Deferral Plan. The units of Phantom Stock become payable in common stock at the date the reporting person incurs a termination, or, if earlier, the date the reporting person dies or suffers a severe financial hardship.

Industry Context

This insider transaction reflects a director's individual investment decision and does not directly provide broader industry context. However, equity incentive plans are common across industries to align management and director interests with shareholder value.

Comparison to Industry Standards

• N/A. This filing reports an individual insider transaction and does not provide data for comparison to industry-specific operational or financial benchmarks.

Corporate Governance

Related Party Transactions

• The acquisition of common stock and phantom stock units by Director Gregory J. Lampert from Kimball Electronics, Inc. constitutes a related party transaction.

Stakeholder Impact

• Shareholders: May view the director's share acquisition as a positive signal of confidence in the company's future.
• Management/Directors: The equity incentive plan and phantom stock deferral plan align the director's financial interests with the company's long-term performance.

Next Steps

• The Phantom Stock units will become payable in common stock upon the reporting person's termination, death, or severe financial hardship.

Key Dates

Recommendation

While insider buying is generally a positive signal, this Form 4 filing alone does not provide sufficient comprehensive financial or strategic information to warrant a 'buy' or 'strong buy' recommendation. It indicates management confidence and aligns interests, which supports a 'hold' position, but further analysis of the company's financials, market position, and broader industry trends would be necessary for a stronger recommendation.

Keywords

Kimball Electronics, KE, Insider Trading, Form 4, Stock Acquisition, Director, Equity Incentive Plan, Phantom Stock, Gregory J. Lampert