Form 4: STRATTEC CEO's Tax Withholding on Restricted Stock Vesting

STRATTEC Security Corp's President and CEO, Jennifer Lynn Slater, reported the withholding of 2,645 shares for tax obligations following a restricted stock vesting.

Summary

• Jennifer Lynn Slater, President & CEO and a Director of STRATTEC SECURITY CORP (STRT), reported a transaction on October 25, 2025.
• The transaction involved the disposition of 2,645 shares of Common Stock, par value $0.01 per share.
• These shares were withheld for the payment of tax liability upon the vesting of 5,626 shares of restricted stock.
• The transaction is exempt under Rule 16b-3, indicating it is a routine compensation-related event.
• Following this transaction, Jennifer Lynn Slater beneficially owns 56,326 shares of Common Stock directly.

Sentiment

Score: 5

Explanation: The transaction is a routine tax withholding upon restricted stock vesting, which is a neutral event in terms of company performance or insider sentiment.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction related to executive compensation.

Key Dates

Recommendation

This Form 4 reports a routine tax withholding transaction related to restricted stock vesting for a key executive. Such transactions are typically non-discretionary and do not reflect a change in management's outlook or the company's fundamentals. Therefore, it provides no new information to alter an existing investment thesis, warranting a 'hold' recommendation based solely on this filing.

Keywords

STRATTEC SECURITY CORP, STRT, Jennifer Lynn Slater, Form 4, Insider Transaction, Restricted Stock, Tax Withholding, CEO, Director